If you have a well-maintained unit in a decent area, your tenants will want to stay, even if the increase is substantial and it is within market rent.BTW, prior to purchasing, ask the owner for copies of the most recent utility bills, tenant estoppel certificates (signed paper from tenant stating financial terms of the lease) and CLUE report ( A report that lists if any insurance claims have been filed against the property in the last 7 years) to ensure property is insurable.

It has always been top of my priority list but it finally became a reality.  

E-mails on city web site.Thanks for being on our email list.

The company would PREFER to not have to do this, so I'm trying to think of a workaround to avoid it.Another option would be to have the seller reduce the purchase price by the commission, but this causes problems for the seller's agent (less of a commission for him, and he's selling the home for under list).

If owner, then here is your decision tree:Buy with sub2, and then hold and rent, sell as a lease option, or sell on terms to someone else (you could also list it if you wanted to, but I doubt you'd have success when the owner didn't unless the agent is at fault).If collect one time assignment fee, then here is your decision tree:Put property under contract to buy (with this, you can put the property under contract as sub2 and assign sub2 deal to someone, or assignable contract for deed, or assignable lease option).If you have the option to go either way, and you're local to the area, then there are more advantages to buying with sub2 (or being on the deed via a mortgage wrap, because then you have equitable title and you're not assigning - no one can ever start an unlicensed broker investigation on you if you're on title).So which exit strategy sounds best to you?

-How many times do you mail that same list ? 

I have a list of current & done deals, and a business plan for anyone that would like more info if you PM me.

The property is listed for $189,900.

We are under our budget from what we projected the costs of the renovations would costs now comes the part where we will be working with our broker to determine the listing price for the property. 

I just noticed this 32-unit property in Fayetteville, NC listed on the Triangle MLS a few days ago.