High-end properties might be into it but I'd say the vast majority would be turned off by the idea.

Be careful though because you can get lost in the vast amounts of information in each of them.

.• Vast majority of available multi family are older buildings which have more maintenance issues.

It is a vast and complex topic not learned simply by asking questions.

Many if not most of the younger generation view their inheritance as their retirement plan.Based on the vast percentage of them having poor money management skills and preferring the luxury life style you can expect lavish spending when they do inherit until they go broke.

I looked here and here about the holdover tenant thing:https://www.legalmatch.com/law-library/article/hol...http://www.retailrealestatelaw.com/archives/1470Am I understanding correctly that I can charge 2X rent for a holdover tenant, but it has to be in the lease?

That way, you can see how it will perform on its own when you move on.My biggest mistake on my first purchase was vastly underestimating the capex and maintenance costs, so I would be hesitant to tell you to reduce the budget there. $1200/month may be a little high, but I bet not by too much in the long run.

Buyers generally want off market deals because the vast majority of agents focus solely on retail buyers and are not "investor friendly", meaning they often don't know what constitutes a "deal" and often over complicate something simple like a cash transaction. 

The vast majority of deals that "look good" end up with looking good because an online rent estimator said "$1,200 per month" and they didn't ask the selling agent what it's renting for today.  

I know how to do a vast amount of remodeling save for major electrical work and structural repair or modification.