It is an off market deal, and is fully renovated in 2020.

Just because their hourly pay is less than the standard in my local market, that doesn't mean they deserve any less dignity. 

@Shannon L Fogarty the tried and true technique here is to ask other investors in your market who they are using.  

I predominately work with out of state investors looking for cash flowing rental property in our market. 

Different markets have different strengths, and as I understand Detroit is a strong market for cash flow. 

It depends on the market IMO.  

The current market value of the NC property is around $260k, with an outstanding mortgage of about $160k, resulting in approximately $100k in equity.My current residence in Beaufort, SC is a 4-bed, 3-bath house with a higher interest rate of 6.5%.

I've personally seen concessions up to 8 weeks free plus a 6 hours of free moving as an example for what some apartments are offering as concessions to fill up their communities.As the market continues to evolve and more apartment communities become available I suspect there will be more concessions for renters to take advtange of as supply begins to outpace demand.

Those sales may happen off market between you two, or may have creative terms, but really you're negotiating two separate sale both of which only happen if you both like the terms.

Looking to connect with others who either have had similar experiences raising funds in the middle-market space.