The downside is that the property must be free and clear of any existing mortgages for this to work.

Currently they are rented to 2 different mid-term rental investors = basically no management cost to me + no turnover headaches for me.

All that opportunity cost incurred because I didn’t feel ready to go big.  

It was a cost of $0 to enter this transaction their way, and it could have been a cost of $0 to enter it the right way so it was secured (if they even still wanted to do the deal in the first place).  

Full Brick Detached Duplex in Optimist Park (4 Bd/2 Ba) 1610 sq feetPP: $565k                                                                                            DP: $28k                                                                                              Closing Costs: $0 ($15k seller credits)                                            *Used to cover CC & Buy Down RateRenovations & Furnishings (MTR/STR): $47kCash Invested: $75kARV: $675k-$700kJust a quick aside, I think right now is a great time for an investor, because there are a lot more people on the "side line".

Feel free to checkout the listings and resources we have on our website. 

Tools like BatchLeads and PropStream are great for direct-to-seller strategies, but keep in mind that they come with marketing costs depending on the method you choose, such as direct mail, cold calling, or texting and have to have good nurture campaigns. 

If you have any questions feel free to give me a call.

I'm running 5 units currently through hemlane and it costs me about $45/m.

Make sure you use a company to process the payments this usually costs about 5 bucks a month in my area.