7 duplexes and the investor wants outC- area, most tenants are section 8(4) 3/2/1 and (3) 2/1/1Seller can finance, his terms: 10% down, 30 year @ 6%, 3 year balloonPurchase price: 600,000Appraised 10 years ago at 107,000Has a property manager that helps "collect and deposits rent, handles leases for new tenants, schedules inspection for section 8, and finds some renters"The owner has not raised rents in 2 years also..These are rough numbers for the duplexes right now, I believe there is a lot of potential for force appreciation: raising rents, separate water meters, finishing garages (since section 8)

You need to see if that margin meets your investment goals and can give you enough contingency for a major repair if and when it happens.

Dawn - just wanted to let you know if you are still interested in the Medford/ SO area that we started a meet up group to connect and network with others interested in real estate investing - the next meet up is Jan 27th at 7:00 at the Point Pub in Central Point -  here is the link to the meetup page:https://www.meetup.com/Rogue-Valley-Real-Estate-Investors-Network/

I appreciate any feedback and I'd love the opportunity to meet or talk with any local investors on this topic.Thanks,Josh

I look forward to meeting you online and possibly in person.  

My plan is to continue my real estate education for the next 3 months, and in the meantime I would like to set up weekly coffee/lunch meetings with local professionals and like minded Real Estate Investors to grow my Network.  

Make sure you meet all the criteria for the loan well in advance to better your chances.  

I am looking forward to meeting/working with fellow real estate investors here on Bigger Pockets.

Actually, they're on the way back tonight to meet me to sign the agreement.  

Nothing like that adrenaline rush from spending hundreds of thousands of dollars in a go ;)I like to meet my potential tenants in person after screening, start building trust and making sure I'm not a faceless bank account to them.