Here's a suggested approach:Verify Rent Increase:Request a rent roll from the seller to cross-verify rental history.You can ask the current tenant for confirmation, ensuring transparency and avoiding surprises.Contact Existing Tenant:Communicate directly with the current tenant to discuss the property and their intentions.Understand their perspective on the rent increase and their willingness to stay.Reason for Previous Buyer Backing Off:It's reasonable to ask the seller or their agent about the reason the previous buyer backed off.This can provide insights into potential issues or concerns with the property.Negotiate and Due Diligence:If you're still interested after clarifying these aspects, negotiate based on your findings.Consider conducting your due diligence, including a thorough inspection and possibly consulting a local property manager for insights.Evaluate Costs and Risks:Assess the costs associated with potential repairs and factor in the risk of the increased rent being accurate.Weigh these costs against the reduced purchase price and potential future returns.Remember, due diligence is crucial in real estate.

Can you recommend someone in Tampa that is more broad in their experience then a traditional lender.Hey there, if we can help with the cashout or a potential construction loan, we would be happy to!

(not trying to be a jerk, just pointing out what should be obvious)Thanks Michael,  yeah I approved just some painting same day but I think my problem lies in they aren't even diagnosing the potential work until tenant leaves leaving a gap in time. 

Think about what questions the potential mentor may ask and how you would answer.

Best, easiest bet is to take advantage of a HELOC before you move.

I'm planning on getting into a couple flips and BRRR opportunities over the next year and am considering days on market, median sale price, rent potential, and landlord friendliness.

But selling this will really give me the cash that I need for the new property, and potentially reinvest in another, or even settle an existing one - great equity in this property.

If you have the capability to answer calls at any time of the day potentially and do not mind catering to guests, managing cleaners, and contacting contractors, self management is a fine option. 

Considering the high property taxes unfriendly laws towards landlords , inventory, and prices here, I’m pondering out-of-state investments for potentially better cash flow.

Looking at potential BRRR long-term rentals and STRs in the NW Houston area.