@Andrew WarnerNice write up.

Sometimes after you depreciate and write off loses at tax time the hit is not too bad.

Looking for a tech friendly CPA, someone who uses Quickbooksonline software or has own cloud based software for oversight or remote managing. 

You may not be able to access it easily, it is still your moneyTOTAL impact            203 a month This is with out considering the  additional 100 a month cash flow.little tweak you have to back out the land value you cant write off the entire purchase price.. but for me I want write on's not write offs its still money out of your pocket.. and if you miss rent like you will with these low value assets then your negative cash flow and feeding it.  

And thank you for trusting your realtor when he told you to write that offer before you saw the house in person!

My day job is an account executive with a large software company. 

@Caleb Heimsoth I’m working towards computer science, software engineering

However, I did write a pretty lengthy article on "How to Purchase a Property with Cash" at this link HERE and following that strategy will help you in not facing any "unusual" restrictions.It's pretty lengthy but feel free to tag me with any questions. 

This usually means one party writes the other a check for around $100, or the party that paid too much just lets it go.

In writing this sounds daunting.