Guys, it really doesn't take much at all to stand out from the crowd.

So I'd buy it with hard money, have him fix it up, do a lease-option with him and refinance the house to get out of hard money and to give him a few years to be able to get a loan.What do you guys think?  

These guys will cash you out after 6 months seasoning as well, meaning if you get a solid discount you could get all your money back, and possibly more.Private Lender- If you have a private lender that you could offer a long term loan, maybe 2 years or so, you will probably have to pay them a higher interest rate, but it's better then not picking up rentals for another 2 years.Lastly, bring on an partner who has solid income history.  

Hoping for the best as the tenant is very nice and takes great care of the property. 

Thank you guys for your thoughts on this one!!!

Ultimately we want to build up to capitalize on some incredible views with a nice deck.First post after a long time lurking.

Hey Guys-Trying to figure out if I should make a move on this one.  12 single bed units, in a large well kept building.  

I pay the pool guy $70 a month to keep it pristine and it can consume some $$$ in gas.

Nice looking property @Kevin Branin, off market deal?

What kind of cap rates are you guys seeing?