** I am willing to do it of course but prospecting in the phone for buyers 6 hrs a day is not what I envisioned..The one firm ( team) wanta me to handlebonly the buyer side while one person deals with negotiations/ listings and one handles the contract.Please help a newbie out.:)))

That being said, we're really under-leveraged and can handle paying the full note if needed.

Up here in VT we use attorney's to close, so they would usually handle all of the paperwork.Good luck and welcome to BP!

Of course, I will plan to reduce the overall expenditure by my personal use of the property.  

If you want to handle millions of dollars in other peoples money, the syndication may be ok.

So as a buyer you can a lot of times use the inspection findings to reduce the purchase price.  

If not, speak to the main property manager who handles your properties about what is going wrong.

Other issue is whether you can reduce those expenses by managing the building more efficiently. 

Fortunately the smell is reduced enough that just living in the unit provides enough air movement so that it does not smell; for tenant turnover we need to open the unit up prior to the showing otherwise it has some smell. 

Whether you buy the property cheaper, ARV it for more or reduce costs, is up to you.The 70% ARV is not going to change, so you’ll need to adjust accordingly on your end.