Make your offer, be prepared for them to not even respond if the offer is to low, and move on to the next potential deal while monioring this one for the future. 

We are creative problem solvers.

Here's the info: (I copied and pasted)10 units2bed/1ba- Full rehab need so be prepared for work but it's has great rental potential-Section 8 will bring 650 a unit, will bring in 6500 a month and 78,000 a year-I have a contractor that can completely rehab them for 9k a unit.- 90,000 in repair, but you will be getting a practically brand new 10 unit apartment for a little over 100k with an annual cash flow of 78,000.

To me that is to be expected....................................just read through listings and prepared summaries and you soon realize expense numbers are incomplete, out of date, or just plain wrong, NOI is always wrong, so why would you expect a correct cap rate?

Hi, I am looking for a good attorney that can close on a subject-to, owner financing/seller carryback, lease-option and other creative financing deals involving wrap mortgages.

The market has changed some so it will be a little more difficult for you to get the same kind of deals i got back then but with creativity and determination you can make it work. 

If you were to make it a habit, the CRA will catch-on fairly quickly.3) If this is your first extensive rehab be prepared (secondary projections) for things to take 2-3 times longer than you think up-front (this is part of the cost of education).  

@Edward Liu Thank you for the feedback on what to ask the structural engineer and who to pay, I'll go ahead and research a list of questions to ask on Wednesday so I'm fully prepared. 

Hello, I’m creatively purchasing my parents home.

There is a whole different process for this if there are section 8 tenants, you want to make sure you are prepared.