You can always look for others to partner with on multifamily so you can get into the game soon and straight into multifamily (which is better than single family for cash flow)

If it's a 5 cap, increased value is approximately (assuming rents flow straight through to NOI) $2880/5% = $57,600 but if it's a 10 cap increased value is $2880/10% = $28,800.

When I move to a new market I set up meetings with brokers, city planners, urban development, lenders, etc. and that's all I do for like a week straight.

It's been on the MLS for over a year so I might be able to get it significantly discounted. 

it would be a great flip canidate, or even BRRRR, maybe I could get it at a discount if he is eager to sell, considering all the tie ups so far..." 

Tons and tons and tons of new construction, and you are fighting massive quantities of discount hotels.

@Caleb HeimsothI mean, there’s something to be said about the straight forward, here’s my offer, take it or leave it.I DO have a tendency to over-think, this is probably one of those times...It’s hard to know what someone else is thinking.

You find something underpriced, maybe perform some minor painting or other quick fix, and then resell it for a discount to an investor. 

You  will be doing the work to get the rents up to market price so you should get a discount for it.

Also I found out that the discount code PS2020 provides $50 off the registration.