They have positive cash flow even after building in an 8.3% (one month a year) vacancy rate - so if I can keep the long term vacancy to 2-3% over time that will boost my cash flow even more and they will have no debt service in 13 more years providing some extra sweet free cash flow down the road.

Listed as a 3/3, however 1 bed and 1 bath are in a detached mother in law sweet.

Sweet gig :)

Somewhere in the middle is the sweet spot where you get a decent amount of inquiries and quality applicants (plus a few goofballs - they always exist).

WAY less time involved, always buying at a sweet discount, significantly low LTV for safety.

but it seems like a pretty sweet tool.Anyone familiar with it?

Those are sweet!

The UPS store has a sweet service where they can mask your P.O box as a suite number, its a bit more expensive but you come off as professional.

I received a phone call from a landscaper friend/client about 1 hour after my original post and wanted to give me a heads up that he just heard from his client that they were in the process of putting together an offer to purchase the same property for their wine/tapas restaurant and that if I were still interested I better get on the horse!!! 

Was able to get a 70K unsecured personal line of credit at 4.5% for two years, pretty sweet deal if you ask me.