It’s a 3 day seminar to pitch to you all the reasons why you need to spend more money joining their “Elite Success Club” to get help with real estate deals. 

It's just a matter of finding reasonably priced options that others have not gotten to yet.Pensacola Beach has great rental potential and demand, but options are limited and prices are high.

My reasoning for this is that after researching further into BRRR, I think that it's not realistic for me due to the time commitment required.

I am sure that my response will get flack from those that are doing 20+ flips a month or have PMLs that throw funds at them but we pick and choose the projects we take on and are not in markets where flips are selling for $500K+.The HML route is one we use when we are confident (barring any wild reason which we have done well avoiding) in completing on schedule and where we under estimate the market at sales time and still are making a good profit. 

If it's a latent defect that's uncovered during a thorough inspection and the buyer wouldn't have been able to determine it before that time, then I think those are reasonable requests - even if they are expensive. 

Reason being is because I'd rather not have my company receive a check, and then turn around and pay it out to me.

It appears the units are below market, however with some cosmetic repairs and perhaps some capex's I feel I could increase the rent by at minimum (based on local comps) 68%.I would offer 85% of list and estimated $20,000 in repairs/upgrades (this is probably a generous estimate - the property appears to be in good shape, basically needs a face lift).With all these figures, including the 50% rule, financing with 20% down @ 3.5%, I come out to a profit of $262 per unit and a cash-on-cash return of 9.53%.So, does this seems reasonable?

The reason why I am asking is because I'm looking at fourplexs in my area and it seems the average price is $ 200,000.

myrealu(dot)comThey are approved by the state, but is there any reason why I shouldn't consider them?

@Jazz Wilson,I'm sure the non-paying tenants are playing a huge part of the seller's reason for selling.