Our strategy for the moment is Buy and Hold as many 4-plexes as possible, with the likelihood of jumping into 5+ units. (4 unit buildings are easier to finance)Nice to meet you all-Jacob

So, maybe I put the cart before the horse but I found a property owner that is looking to offload their property at a nice price that will allow for either a reno flip or wholesale.

The only issues were that the 4 older buildings are going to need a new roof at some point during my ownership and the parking lot needed to be repaired. 

Well she doesn't need to know as much as you do.But in order for her to feel comfortable you need to make her comfortable and let her know what you know what you're doing.In order to progress you're going to need to let her let you test out what you want to do and invest in real estate.

Nice to hear a broker and Pro giving it to us straight for a change.

That was very/is helpful and nice of you :)

It depends on how competitive the market is. 30 days for due diligence is nice but sometimes you only get 2-3 weeks if you want to win the deal.

The house as is has a big kitchen, indoor laundry room, 2 full bathrooms one smaller bedroom and a nice master with WIC.  

Bernie Huckestein Sounds like a the workings of a nice deal for the both of you.

While appraisers do need to include actives/pendings in their report, a sold comparable will carry primary weight.