Good morning all,I'm reaching out to tap into the collective wisdom of this community regarding a potential investment opportunity I'm considering.

Check your state/city laws, and if you can re-write the lease agreement after acquisition then you can also mitigate your risks that way.

In Seller's market, rather than everyone waiting and waiting for the offers, the seller gives potential buyers a dateline when to submit the offer.

Thank you,I'm new to this type of investing (more familiar with buying businesses) so I'm cobbling together information from brokers, chatGPT and everything in between to figure out what I need to (at reasonable cost while controlling risk profile) complete an acquisition.Facility is in rural Kansas, and is composed of a portfolio of 4 buildings on 3 parcels. 195 unit count - ~10 years old on average, some are newer (2 years) others older (15+ years)I'm trying to learn what I should watch out for in the process and what studies will be needed to get a good level of comfort before acquiring the facilities

There's also potentially some liability protections you can have in place by having the work done by the GC rather than you as individuals (discussion for your legal team). 

-Interview realtors to find a good one and then have them meet you at the property to give you an accurate assessment of potential sales price and fixes/upgrades needed to get you to that price. 

This could potentially lead to complications such as frozen funds when mechanics liens are searched and they see the 2nd lien.

It’s not worth the hassle or risk.

Portfolio loans tend to have increased fees and interest rates along with a partial release clause that could potentially restrict you from selling one of the properties included in the package. 

This makes it easier for landlords to find tenants and generate steady rental income.Favorable Landlord Laws: Florida has landlord-friendly laws, which can provide landlords with more control over their properties and make it easier to manage rental units.Tax Benefits: Real estate investments in Florida can offer various tax benefits, including deductions for mortgage interest, property taxes, and depreciation.Appreciation Potential: While past performance is not indicative of future results, many areas in Florida have historically seen strong appreciation in property values.