Got an offer to purchase today for 185k for all 3 based on the math.

Bought for $210k and recently appraised for $795k.As I’m based in Boston, MA, I would love to invest in other rehab/flips, MFHs, and/or STRs.

Larger door counts usually take a bit longer to market, seller's are often open to seller carried terms or even assumable notes due to a low cost base, or local credit unions can usually offer attractive small lender terms and services.   

Long-term, I would go with Section 8 just based on my experiences.Hope this helps!

Great idea based on a year round secret that most never even realize is a cash flow opportunity.

Based on our average rental rate across our portfolio, the 8% monthly fee comes out to less than $5 a day. 

You can build more equity into the property by paying down the principle of the loan with rental income but the LTV is based off how much you put down when you purchase a home and or how much your loan balance is out of the entire asset value, hence loan to value.

What will they want out of the deal based on that motivation? 

I know you're asking about whether it makes sense buying it at $850k and you're basing the calculations in the spreadsheet on that being the purchase price.

I can't tell you how much, nor can anyone else because that is something you have to figure out based on your own situation.I will recommend though spending as little money as you possibly can though to start, as long as the properties cover their expenses and cash flow the minimum amount you need.