Thank you all for your input, being a newbie there is not much cash to put down so that limits my options, hence the reason I am looking for creative ways of structuring the deal.

He isn't far behind with second and was being directed to stop.If he does that the flip would likely work.

I just starting out (again) into RE investings and starting of with a direct mail campaign using post cards.

Additionally, this property is close to the airport so there is a lot of potential to turn it into an airbnb hub, leading to more cashflow and of course, more management/cleaning time.Long story short, would you take a deal with these parameters:- Asking price $165,000 (pre-MLS price) - Duplex consists of: 1 bedroom main floor and basement unit & 1 bedroom upstairs unit- Total rent: $1600/month (tenants pay utilities)Addendum: I just bought my first property with 11% down (before I found BP), so any suggestions (or links to forum posts/blog posts/podcasts) on creative ways to finance this deal, please let me know.Thanks BP community.

This agreement could be specificity for people who are trustees or an entity, or any number of creative variations.

My wife manages our direct mail campaign...very manual. 

Estimating new roof just a dangerous number like that for this forum's opinion will also lead to an inaccurate estimate, if it was a gable roof and 2ksf i'd say it's too high, if it were 40' x 50' and 25' pitch and 30 directions, Id say you're crazy.

(I don't have MF yet but I believe the reasoning is the same).Now in my rental my tenant does pay but I also get a copy of all bills and notifications sent directly to me too so that I can keep an eye on things.

Bought a house for 24K needs about 6k in repairs rents from 800-1000 a month. (60-70k ARV)I'm interested in maybe doing a rent to own deal. can anyone point me in the direction how to to structure that deal?

You may have to get creative tracking down the owner and getting an agreement though and communication may be more difficult.