It is in a good school district and the neighborhood is desirable.

For those who have a similar strategy of acquiring higher end SFR portfolios in good school district, what is your strategy going into 2014 while deals are getting harder to find with tight inventory.

You essentially need to do a simple business case analysis before you move forward with any condo purchase that would be short term owner occupant, and long term rental.

If not "agent licensed", knock on the door of a nice house in a good school district, and basically say:"Hi there!

They have kids in school and love the district they are in.

Retain a title company to search properties is essential; knowing you are entering into an areana that is most often attended by experienced "tax sale" buyers you need to make sure your not caught up in the "bidding" process.

Right now I'm working with a very knowledgable RE lawyer but their a newbie when it comes to wholesale and contract assignment so we've been essentially "learning" together.I'd also love to get contact info for attorneys that knows about structuring sub2 and seller financing contracts.

We had our monthly Hunting Club call yesterday; don't know if you were one of people from KY listening in.If you have done other types of real estate deals, you'll soon discover that, essentially, probate is a title-related matter. 

What others think is not important unless that other is your accountant.Here, any expenditures made to get the property rent-ready are capitalized - essentially part of the acquisition.  

If so maybe highlight some of the those selling points, school district, proximity to cool stuff, etc.Best of luck to you!