Does any one have any idea how can I approach this to have the property before it hits bids?

Hi everyone,I have plenty of experience in 3 family units and landlording and love the cash flows they produce.I'm ready to venture into bigger units but nervous as hell to take the step.So the owner wants 1,3950.000 which is over 60,000 a unit ,2 bedroom units,ave rents are about 822.00 per month.I will be meeting the owner tomorrow to get more info.What is a quick way to gage this property, property has been available for over a year ,when I spoke to him about 7 months ago he want 67,000 a unit.This property has not been listed for sale..Let me know how I should approach this.

Was initially going to buy a townhome as I no longer want to rent, but felt as a single guy with no major obligations, turning this into an investment oriented approach felt like a better move.

That potential gain measured against the additional cost of your debt at the higher rate is how I would approach your question.

Love to see your debt free, conservative approach to investing.  

This approach gives our student housing businesses an advantage over standard apartment communities and substandard on-campus housing...Me I am here at UAPB to take advantage of the strong opportunity thats in rental properties in the area.

To be honest, these types posts are okay, but your proactive approach of directly contacting someone will yield better results.Ian

Can you guys give me any tips or ways to approach this?

., feel wary of the all-under-one-roof approach, so we try to make it as easy as possible for clients to see exactly what we are doing with their money and provide the returns that make their investment in us and our product worthwhile.

This approach gives our student housing businesses an advantage over standard apartment communities and substandard on-campus housing...Me I am positioned here at UAPB to take advantage of the strong opportunity thats in rental properties in the area.