It has since dropped to 255kCurrent rental income is about 30k a year.I am so confused as to why this would be listed so high and what this investors strategy is.

I'd like to continue this strategy for a few years while I still have my full time job.

Finding a b,c property where you can value add would be a good strategy.

Do you have any other exit strategy available?

Ideally, this strategy is efficient for selling to investors.

Ideally, this strategy is efficient for selling to investors.

Does anybody use this strategy of buying and holding deals they've found through motivated sellers or direct mail campaigns?

I am looking at a 46 unit deal &  would love to know your strategy used to get seller to write you a check for a repair credit of 21k.

I initially started researching on Bigger Pockets to find discussions on strategies to weather the storm in a declining market because that’s the biggest fear for us to get started.Thank you for all the information so far and I look forward to being an active member on the forum.

I personally am not a fan of this type of investing, but its depends on your strategy. 2)  If you have good credit and the cash to put down, you finance the property through a bank.