Fast forward a few weeks, we found a great duplex that we were able to get our offer accepted on - we're pretty excited!

Almost none of them have good credit so they accept they have caused the need for the slightly higher deposit.

Accept responsibility to educate yourself!

We are currently in a dilemma because we just found out we had an offer accepted on a house that we really liked, but earlier that same day we found a house that we LOVE and put an offer in on that one too.

I've found a lot of newer people will be more accepted in the Multi Family world because it's a team sport and if you can bring value to a team who does syndication or a 506(C) or (B) raise you can learn a lot and its quite lucrative. 

Ask these people what is the least they would sell for, would they accept X if you paid cash and closed quickly.

I didn't ask but I'm thinking that they will only accept payment from the owner as well. 

Do you have interest in an 8-unit brick apartment building, all units rented at $675 each, Dineen Park Neighborhood, PP $349k, bank financing acceptable? 

Remaining tenants accept 100% responsibility for rent and condition of the rental.

Donald Cressey is The Fraud Triangle: 1- A perceived unshareable financial need. 2- Perceived opportunity. 3- Rationalization.Financial pressures change in life, medical care for aging parents, a family member becomes ill, college costs, mid-life crisis, substance addictions and gambling, jealousy/feeling "owed" or wronged, social pressures to "get ahead"...The biggest losses are always where there are no checks & balances, no separation of duties, no policies and procedures in place.