Help please Asking price: 825K13 units multi family apartments12 units : 2bed/1bath rent for 750$ a month1 unit : efficiency room rent for 400$ a monthWasher/dryer room earns about 400$ a month Apartments in Good shape.Has window units, no central air.

It’s in their best interest to get the job done quickly and efficiently that’s how they make money.

I feel as tho this approach will take much of the risk out and focusing will allow me to build this empire more efficiently.

plus if you don't charge interest IRS will hit U with imputed interest .. so you will pay tax on some of the income like it was interest income.IE you can do 3 and year and no more than 7 in your portfolio at anytime.. this is to allow mom and pop IRA investors to loan their own money I know this exists in Oregon..but if your in the business that's different. so if you have bought a park with 40 park owned and 10 rentals and you want to move those park owned to the tenants.. then yes your probably in the business.Eddie Speed has been working on a national committee to try to address seller carry back for US investors I don't know if he is making any head way. 

The last company I interviewed though takes a holistic approach and looks at tax efficiency, insurance, POA, will, and have in house legal and accounting.

If I failed to address any of your concerns, or any of this post was confusing, please contact me via DM and I can provide further clarification.

The contract is hardly important, I'm sure you can find a simple one on BP.Dig in on your marketing research- market for both buyers and sellers heavily but EFFICIENTLY.

One the west side its a 3/2 (rented at $1350) and an efficiency (rented at $750) on the east. 

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

There are efficient and inefficient firms out there.