They then sold that and bought a 250 unit in OKC all C and D class and had to move there as they almost lost  it in foreclosure.. took 5 years of them living there and managing it personally to stablize and finally sell.. then bought a 20 uniit back in Oregon where it all started.. this over the course of a few decades.

Another great tool is to incorporate a quality home warranty (paid for either or both parties) to alleviate some concerns about items that are functioning but not failed. 

I just liked the personal touch of the outreach with some value-add. 

@Corben BriggsYour attorney would be by far the best person to get this document from as they will know the property, what it needs to say and state laws surrounding it

I am trying to raise the 10% down and bring in a partner or GAP loan person.

I didn't want to put my personal information on here.

I would rather have a few high quality appreciating properties in the western states vs. lots of less expensive ones in the Midwest. 

Personally I’ve stuck with SFH to avoid tenant on tenant conflict but thsi will let you find out if “the juice is worth the squeeze: with very little risk. 1) I assume you’re getting a least a few percent off for not involving a realtor.2) I assume you feel confident with the value (maybe ask a local banker what they would lend you on the property and even lay for an appraisal.)3) this is all assuming that this is a small investment to you as I’ve described above, not most of your savings and all of your operating cushion. 

I know of one person in Oregon doing it, but he doesn’t want to share how it’s done.

One person booked at the normal rate instead of what we quoted and the other somehow had a pet fee attached which we still don’t understand since we do not have that as an option.