We're not in a position to act on this property in any event, but is the recent transaction history a red flag for anyone?

I trust most active landlords have heard of the April 4, 2016 "Office of General Counsel Guidance on Application of Fair Housing Act Standards to the Use of Criminal Records by Providers of Housing and Real Estate-Related Transactions" For those of you who have read the guidance, what "policies and practices" have you put in place for specific prior criminal behavior?

I'm curious as to if it even makes sense to try and get a lower number or if the numbers work at the list price to just offer that.

If you negotiate a good enough deal that pays you then complete the transaction with the investor to buy the house you have under contract. 

I wonder do you recommend a novice invest in lower cost properties to start?

YES, if you go for single transaction. this is multifamily deal.What is your exit strategy, for long term separate loan on fourplexes can be better outcome sometimes.What's my best bet in convincing the seller he should finance the deal?

Our breakeven rent is nearly 30% lower than current rent so we have plenty of room to cut rent if needed.  

(https://www.ten-x.com)How was your overall transaction process?

Otherwise I'm hoping to find tenants who are willing to take on helping manage the property in exchange for slightly lower rent...either that or hire a property manager.  

Although it possibly will be a lower rate than what I'm at now, it's still something.