I'm currently in the Charlotte area and have acquired a few multiplexes (3).

@Rita Koroll,As for HOAs, you need to consider them as an additional operating expense just like property tax.

I second all of the advice from the other posts. in addition to all of that, I would say connect with me and add me to your buyers list! 

Subject-To is something I will offer in addition to short sale as a last resort. 

Additionally, if the deal falls through am I to be left with the legal fees?

This addition is designed as a completely separate unit however it can easily flow into the existing house, creating a 3/2 with minimal work if needed.

I won’t include them in the costs since they should increase the value.I will also be careful of property managers who mark-up maintenance costs in addition to their regular fees.

If you plan on buying additional homes with this person, I would just let her enjoy this easy sale because the next one might be much more difficult. 

In addition to above, the lack of core investment opportunities, and inadequate inventory for proper diversification are critical issues that the industry needs to solve.At the same time, I don't think all of them are going to end up in a ball of flames.

If you haven't got a piece of land yet, that info would be easy to acquire during the purchase process.