I have a Tenant that appears to be cooking large amounts of food on a propane burner in large stock pots and selling it.

What unites all of them is a phenomenal economic growth phase (for midwest standards anyway) and haveing a large body of fresh water just down on the beach.

If you want to do one deal a year this may work if you have a lot of cash. if not then you will need to start finding deals with a little bit more margin and finding inexpensive money to borrow so you can scale your business.

If you will you need to raise a large amount of capital for downpayment on a MF then flipping might make sense to get there.

I'd say self manage to learn the in's and outs.Shop your PM's continuously.. bookmark and build relationships to use down the line as you plan on scaling out.Beauty is you will know what to look for when you eventually hire out..........you've done it yourselfDevils Advocate comment:How much time are you willing to allot to self manage and are you willing to handle the waves that come with it?

Look for other lenders, large, small medium.

You might come close I'd it's a large unit and a small unit and you're willing to live in the smaller unit. 

Truth be told the business is a little too large for me to know that information off the top of my head for these particular ones.

@Michael Le : yup, i agree. ideally i would like to go as large as i can go without being fiscally irresponsible and since i am a newbie to this, dont want to bite off more than i can chew.

Sorry, didn't catch that distinction.Unfortunately your bank seller is not going to be responsive to payment demands after the fact so you'll likely need to find another pocket.It's common for foreclosures to have water cut off for months before the sale so first is this a large bill or small bill you are facing?