However I plan on purchasing more. 

Purchase price: $200,000 Cash invested: $24,000 16 unit good bones building bought at an amazing price as an off market deal since it had many downsides but the downsides are just temporary.

Credit ~800Presuming 25% down, but open to whatever numbers work out bestNon-owner occupiedLong distance (no specific geography selected yet)Professional managementLeaning towards MHP initially, but open to apartments if the numbers workPriority is maximizing cash flow, especially in the first 1-3 years

Purchase price: $80,000 Sale price: $105,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Ernest Bannister, successfully completed a deal on N 31st, Philadelphia, PA.

She needs to use the funds for a new home purchase, just not sure how much she needs on the front end.

I own a successful rental portfolio here in Columbus and have also helped my out-of-state clients purchase their own flips and BRRRRs here.

It was brought up to PM in my home town and they weren't in the position to purchase it so he called me and asked if I was willing to take this deal on!

@Tim JohnsonThere are essentially two ways (and a few variations) to purchase this deal, depending on how the owners are selling it:As a going concern:  In this instance you are buying the business, so it is the business you evaluate: assets, liabilities, revenues (historical: 3 - 5 years), operating costs (historical: 3-5 years), future financial projections, goodwill, etc.    

@Theo Sengat that purchase price, you're probably looking at either a major rehab, a more challenging neighborhood, or both. 

Purchase price: $200,000 Cash invested: $70,000 Wife and I finally pulled the trigger on this duplex.