Partner with a qualified real estate agent, property manager, and legal professional to assist you throughout the investment process.By considering these points alongside the existing list and seeking professional guidance, you can increase your chances of finding a suitable multifamily investment even in a competitive market.

Are there any legal ramifications to putting it down for $5k on paper? 

@Matt Eade I'm not an attorney and this isn't legal advice, but you're not required to form an LLC in the state where the property is located. 

If it's the latter, definitely house hack.

They can decide that offer #2 came from a contract lawyer and he'd be a good owner in the building since he can help them with legal issues...or whatever random reason they like his offer better. 

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

Is incfile or legal zoom the best place to do it? 

This increase is due to a mix of legal work that has been done since the holidays and bigger economic reasons like rising interest rates and inflation. marking a cautious and important time for the market. 

Purchasing a property off-market can be a bit more complicated than a traditional purchase through a real estate agent, but it is definitely possible to do it successfully.

Thanks in advance Florida is a super lien state, so depending on when the condo was created the entire lien amount could be owed by the buyer or a portion (I believe lower of 1% of the purchase price the person being foreclosed upon paid or 12 months HOA fees, whichever is lower).Definitely will want to look into that.