I am thinking of asking the seller to have the building vacant. 

Might be a good idea to check the building codes in your area and see if this is an item that has been set down in law.

The building generates an annual gross income of $120,000.

If you're flipping just remember to build a team you can trust and run your numbers for the worst case scenario.

Here’s a look at some of the most obvious pros and cons of subject to financing to give you an idea of whether or not it remains an option for your next acquisition:ProsCash Flow & Equity: Provided the right steps have been taken, the property can very easily award buyers with cash flow and the chance to build equity.

The goal is to build long-term wealth.

Nathan here, I am an investor getting into the new build arena with my small team at Stateside Property Group!

My primary question is: Should I focus on buying a multifamily property and growing slowly to build a stable financial foundation, even though my area would have minimal cash flow and be more of an appreciation play?

They typically build life-long seller-lead businesses in their market and if you work with a few of the top-agents in multiple locales, you can likely get a good stream of leads going (constant new-business with various owners who might be interested).

I would possibly start a small business in college and start building up some capital while focusing on graduating debt-free.