If you have a 3 or 4 tenant building all with NNN leases, it seems great because they pay all related expenses, but there are other things to consider.

@Michael Anspach, if he does that there's some related party issues as well as the federal interpretation that he is selling to himself since really it is their joint tax return that is the owner for federal purposes. 

Once you evaluate enough you will get a good feel for what a property will sell for relative to rent etc. 

Yeah, right after I posted this I found an article on the web that brought this up so I looked at the contract and realized Tuesday is the day.

We haven't had the duplex long enough to have a vacancyCap rate is unknown, and still relatively new to me in concept.

It is relatively easy to find out who the owners are. 

There are many CPA's on this site that work with clients remotely.In the meantime - feel free to ask any tax related question.

We met with each of them and reviewed their contracts, making sure we were all on the same page.

You’ll need to borrow money from relatives/friends or from your retirement account (if you have one).

You build a Buyer pool relatively quickly, and the cool thing is that you aren't begging them for business, but rather THEY are coming to YOU to help them.Keller WIlliams has a great training program called IGNITE, that helps you focus on hitting the ground running (thus the obvious title).