CPA's who are also RE Investors are gold.

In this situation you keep the difference from what you bought the property for and what you then sell it for.   

Right attitude, no headaches, no babysitting, has to love real estate ( not compare it to stocks,gold,etc.

When the property went off the market a month or two later I found out who owned it, eventually got in contact with the owner and bought it without us using agents (no 6% = a great bargaining chip for a lower sale price). 

I just completed my first cash-out refi of a SFH I bought June 2016 in the suburbs of MA, cashing out $61,000.  

We bought in cities that we liked and might want to move to someday, having our tenants essentially pay them down for us. 

(I know @Jeff White actually bought a fourplex in Villa Park, but for more than your price.

I do know someone in that town looking for build up to 10 rental properties (he's already bought 2 or 3). 

I'd love to buy the place if she did sell but I just bought my first property and don't have much reserve for both projects.  

I recently bought a small 2 bedroom unit that was already tenanted.