They're easy to buy, easy to finance, easy to sell if you need to, and not much more difficult to own/manage compared to a single family home. 

At this point I wonder if the listing agent was a reasonable guy trying to drop a difficult to work with seller trying to undercut him, he of course wouldn't disclose that to me.

It may, however, be very difficult to find a property that meets those criteria.

Stating you will pay for rehab part is not immediate skin in the game and will make it difficult to get anyone to bite. 

An interesting situation came up where one potential buyer proposed an Equity swap to be used as a down payment, where I would take ownership of their property in Waukesha, and then I would seller finance to the buyer the remainder of the balance owed on my sold properties. 

(Communications with seller are difficult as she claims she doesn't have a phone or e-mail.

Their equity would be only whatever the outstanding balance of me funneling the profit back to them until paid off (just in case I sell the house before paying them back). 

If you pay off the one with the lowest balance first, you hit the trifecta:  1)  You eliminate the debt, 2) you eliminate the monthly payment on that debt, and 3)  you then free up the payment you were paying in #2 to pay on the next lowest balance debt faster...and pay that off and get the same impact on the next lowest debt...and so on.Do it this way, and you will pay off all of your debt faster than you can blink an eye.

Theres a balance of power going on here.

I currently have about 100k equity there.2016 capital gains income: 02016 business / gambling income: 25k2017 capital gains income: 152k2017 business / gambling income: 28kChecking account balance: 100k+Credit score: 730Investment property price range 165k - 200k.I can get letter from CPA stating I've been in the same business since 2010.I'm being told they will take either last three years of capital gains or last two years of gambling.