Check with local area property manager to get the pluses, minuses, and rental prices to see if they are in line with your requirements. 

This would produce a much lower top line revenue but my net profit would be potentially higher because I am capturing a high percentage of the rent collected.

So it sounds like a straight cash offer would fly.here is the Oregon one  look up Washington oneAs used in ORS 646A.702 to 646A.720     basically what is says is if you buy a property in foreclosure and U flip it you have to give the old owner a % of the money you make on it  there are time lines and %  calcs in these laws.it was for this reason I stopped doing this.. now if you buy at trustee sale or sheriffs sale this law does not apply just in pre foreclosure and these were enacted during the mortgage crisis.. but they remain on the books.. 

Before you do anything sit down and study/learn all your state landlord tenant regulations or get a meeting lined up with a experienced landlord tenant attorney.

Either execute the holding agreement with non refundable holding fee or, my preference, keep marketing the property, likely finding another tenant much sooner, and hold off on approving the tenant.I find that prospects tend to be “suspects” until they sign on the dotted line.

I'm working on lining up funding and I would like to put an offer in, but how do I do so, if they aren't responding?

Has anyone used Unsecured Credit Lines or Cards on a Recent Project with success?

I have been thinking of investing in multi-family syndications as a way of moving away from active direct investments into more passive investments to simplify life.I found this article in the link below very interesting.....I especially like the last line.... 

He'll scope the sewer lines and see if they're clear/collapsed/whatever.Check with your neighbors.

If you have the written contractor bids that breaks down the project line by line you can post it here and people can tell you where you're being overcharged.