It's a very unique property, in that there are almost never rentals in this particular town, and it's a town that people absolutely want to live in. 

They should give that guide at the closing table to every new investor as they sign the papers to buy their first multi-family. 

Figure out what you can do in your market that is unique to land deals and attack it 100%.

Trying to manage an investment property portfolio remotely comes with some unique challenges.

A property like that with it's unique situation, the seller might accept a offer with a 30 day contingency.I'd ask the realtor why she believes the seller wouldn't reject that offer and post back what she says.One simple metric would be how long has the property been on the market?

Turn the tables and create a perceived value of 1000 and rent it for 800 and people will beat down the door and your perception is you're in a hot rental market no matter what anybody else thinks.

(Either buyer, seller, lessor or lessee, optionor or opitionee )You only need a license when you are selling a property for a commission and do not have an equitable interest in the property.At the closing table, you want to be on the side where the buyers and sellers sit; not on the side where the people doing the closing are.Thanks again 

I'm a hard worker, I'm eager to learn, and willing to find and bring to the table deals I could split with my mentor.I absolutely LOVE this site and I'm looking forward to making connections, contributing to the community, and a long relationship with BiggerPockets.Thank you,Maxine Hough

This broker is representing the bank, and I would suggest either getting a broker involved to represent you, talk to a local appraiser, or an investment sale broker for lease and sale comps for similar deals to make sure you're not leaving anything on the table.

One way to protect the bank is to heavily scrutinize applicants when they want to bring very little cash to the table.