I look forward to your valuable insights!

-What are the experiences of the group in negotiating with the seller/agent to bring the price down because of this fact.....Do we hope to get all the way down to ACTUAL cash flow value? 

Don't just read the lease!

@Ivan WudexiRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

This will save a little until rental income gives us additional funds to use for the back.

What made you interested in investing in this type of deal?

Seller seems to think the vacant pads are worth very little, and of the 1.2M paid, most of that goes towards the income producing pads (with homes on them)...because the "CAP rate could not apply to vacant lots".Does anyone with appraisal experience can shed some light on this?

I don’t know if this is unheard of but my relinquished property listed and was under contract in the same 1st week of July-2024 and sold 25th of July.

Hey Raghul,This is a classic debate every investor faces at some point.

This strategy allows you to tap into your equity without overextending yourself financially.Investment Strategy:Single Property vs.