We have extensive small hotel management and marketing experience, local financing is lined up at 3% interest.

If nothing else, it's having a second set of eyes that do more extensive due diligence than any new investor know how to do.

The owner has giving us an extra 3 weeks extension with the condition to release the funds from the escrow account which is more than $14k.

Purchase price: $95,000 Sale price: $160,000 Financed property through our extensive list of capital investor partners.

@Adam St James,I'm just beginning to explore this.For now, I'm thinking it should be roughly similar to the basic fix-and-flip strategy, with the addition of the Contract for Title (in lieu of lease-option) to compensate for the inability to rent out a unit.So, I'd be looking at units I can acquire below market needing minimal repairs to more extensive restoration.

Is it common to have a 21 day extension for title issues 

The 2 things that come to mind are they were waiting to see if the Fed would be raising rates or they are waiting on my 2018 tax returns (which I will be filing for and extension).

Properties in this area trade closer to 50k per door and we were able to pick this one up for a hair over 29k a door.

The roof needs extensive repair or possible replacement.My agent had a roof inspection done by a contractor he trusts, but when looking at his Yelp and Google reviews, he doesn’t seem to have any good ones. 

The inspector turned up extensive termite damage to the floor joists.