I want to target residential properties in the range of >4 million.

I think your rent for the back building is probably spot on, while the rents for the front building are more likely in the $1200-$1400 range for the 1BD and maybe $1800 for the 2BD.

This flip is only 1000 down and 550 a month so it is in my price range at this time. 

Have phenomenal concepts that should make a major difference in the marketplace once implemented.For sellers, I offer outstanding tools ranging from premium placement on the public real estate portals like Zillow and Realtor.com as well as custom webpages and targeted direct marketing campaigns for their properties.For residential income property management my focus is on providing outstanding value and service to investors and tenants.

Could range from kicking back and enjoying the cash flow to land banking. 

He has enough cashflow in his business, but too many deductions which brings his taxable income to a very low number.He has quite a bit of cash reserves, and the credit score in 750+ range with no adverse events on his history.Can anyone recommend a lender for his case?

I don't like this route because it puts the insintive on placing tenants and not retaining tenants.Management fees range from flat fees around $85/mo and 10%.

I have found that respectful persistence often leads to the best deals.

You will be looking for a very narrow range of buyers that will like the touch, I predict.

I do like the fact that she is older and will probably respect the property and that she wants to sign a long lease so I don't have to worry about tenants coming in and out.