He explains this choice gives a higher chance of getting an offer accepted.I have played around with the numbers (i.e. full list price with seller contributing full closing costs vs. lower list price and seller contributing less closing costs).

I believe more like 15% for duplex and 25% for 3-4 unit.There is other underwriting requirements that would come into play.

Also NNN properties with long term solid tenants are good out of state plays too, but usually widow and orphan type investments with not as much upside potential.

Its more of an appreciation play.

also from Brooklyn...this agent is trying to play you.

Any ideas if buying in Round Rock is a good play right now?

Where does starting an LLC come into play in all of this?

I play professional basketball overseas.

Hi @Tony H. there are a lot of different factors in play here and so I think the answer... depends on what your goals are (although I don't think 1 is a great option - read on). 

Upstate NY can be a bit old sometimes.I'm just playing devil's advocate with the questions.