Hi Everyone,As someone of you know from past discussions, I have two condos on the East Side that I am renting out and in the process of searching for a third. 

He has a great program that deals with performing notes. 

Never trust Zillow, never trust Zillow, never trust Zillow and do not trust ARV's from wholesalers, make sure you or someone trustworthy performs your due diligence. 

I would suggest you learn them well and use them accordingly.The ability for you to walk in as a new owner or property manager and turn an underperforming asset into a market – performing asset is always a benefit.

I'm trying to figure out, if it is truly bank owned, why is there a third party attached to it?

Have non-refundable earnest money that keeps growing with contingencies in the original agreement and with each extension they ask for.Have a (right to continued marketing clause ) where you can kick out their offer if they do not perform.

Many people don't realize all of the great third party apps that integrate with Quickbooks to make record keeping and tracking more convenient.

This will be the third one.

None of my properties do, and the capital tied up in them continues to perform just fine.That said, it's more difficult to find a property locally where the free cash flow is better than, say, the dividend income thrown off by investing in a Blue Chip dividend mutual fund.If you're looking at small Multifamily properties locally and want a first pass "rule," I suggest using a GRM target of 12-14 as a first screen, assuming you're looking for a property that will throw off free cash flow with a 70% leveraged mortgage.If you want to more than basic long term buy it and hold it, you can do it.  

Buyer's Costs: Buyer shall pay one half of the Title company's escrow fee; all other recording fees; the costs of any survey and a ny third party reports ordered by Buyer (or its lender)