It was listed on the MLS and was right down the road from us.

With over 20 years in the game here and having helped tons of out-of-state investors find the perfect mix of vacation home and rental property, I can tell you it’s totally doable with your budget.

I have gone ahead with painting Navajo White for all the walls, and Ultra White for the trim and plan to use this color scheme throughout all the units eventually.

Be prepared to work with them on a plan to move.You can make the argument the cost of moving is more than the cost of the increase.

I'm underwriting an 80+ unit property and it seems like the purchase price is too high compared to the market.

I'm borrowing at the rate of ~7% and 7% is a great return to me, especially with the stock market near all time highs. 

This again is "positioning" the person on the phone as the "prey" and them as the "predator".

The seller had a buyer that fell through and had already purchased their new home dependent on funds from the condo sale, so I was able to offer cash and a quick closing How did you finance this deal?

Can I sell my house as a business and market it as such and make more than the appraisal? 

We don’t really need the $400/mo cash flow and so have been saving that just in case the house needs a major repair.