It's worth about 175k, and he's willing to take 140k for it.

You would go to meetup.com and search, and also you can go to the top tool bar and search events as well on BP.Meetups, search for large teams working with investors in your area (you can do this on Zillow) or on this website.

There certain areas in town that you can have that return but you have to buy really deep and not been afraid of rehabs

You can do the process under an LLC and sell the LLC to a non-profit.

If the tenant breaks their lease after three months, you are obligated to find a new renter, only charge the original tenant for rent up until the new tenant takes over, and then refund any unused funds.

Three of the rentals are in Southern California and have appreciated quite a bit and so I’m starting to look at what I could be doing with that equity.

Purchase agreement between owner and you2.

Will definitely reach out to some lenders and see what they do around these sorts of things.

I'm new to Bigger Pockets and have been immersing myself in the podcast and studying various aspects of real estate investing—from market analysis to financing—for the past two months.

Thanks for advice and help, Michael.