However, if you act quickly and are prepared to do some upgrades you can cash flow a duplex or 4 plex.

Nothing wrong with being grateful, but luck and fortune are preparation meeting opportunity. 

Usually, how long will a house be prepared for rent again?

Prepare to spend lots of money on direct mail and marketing.

I think I would move to a small town in the mountains, make a retirement investment and prepare to settle down.

Depending on price point, be prepared to come to the table with a higher than offer than advertised.

*Are you prepared to take on a real estate investment?

I've been busy searching for deals, writing a book, I began my motivational speaking career as well as preparing to re-launch my clothing brand.I've been actively looking for deals in the South LA market, but haven't had much luck.

A deal like this would sound good to me as long as it wasn't my only horse in the race (I had a stable portfolio generating positive cash-flow) and I was prepared mentally and financially to deal with potential vacancy or modestly lower than expected rents.

They will also know what you need to prepare for financially and document wise.