-Ask what needs repaired (related to pain points - the seller will likely minimize the issues but he/she will internalize all the issues)I typically make an offer first.

PP $210kDP $15kRequired roof repair $15kInspection currently taking place this morning so unknown additional repair costsCurrent rents $2345 Owner paid W/S/G & exterior electric $544taxes $2200 /yrInsurance (awaiting accurate quote) estimated $1200/yrSeller financing $195k at 5.85% 5 year balloon amortized over 30 years with monthly payment of $1150.

If anyone have some helpful information for helping me whether it be some good reads on credit repair or investing with little money, feel free to drop a helpful reply, thank you all.

Hi David,I am not sure if you are already working with a broker in Telluride, but if not I would be happy to assist in that Department. 

I kept the house in good repair order and kept everything well maintained.

Keep the duty to pay rent separate from repair issues.This is not a situation that warrants anything more than a quick response to repair the problem. 

I don't see a breakdown of your repair costs.

Cost is 285k im not sure what the closing cost will be im estimating the followingPurchase price 285kClosing cost 6kRehab [email protected]% conventional Down payment 5% 15kI dont know what rent for the area but i look and see maybe $1400 each unit Im doing $80 for water per month$125 insurance month$200 repairs per month$300 taxes per month$1487 Mortgage $700 plus Cash flow Am i missing anything ?

Part two, Shawn assisted me with making calls and coached me through the dialogue I should use to be successful.

Also need feedback regarding seller financing versus 203 FHA loan that will allow for extra $ to make the repairs and updates.