I have a deal on the table but I need some feedback from you more experienced investors. 

Charge you for a long contract of sale with contingencies in itConfuse the dealYou may want to consult with someone smarter than a lawyer - like an experienced investorIf lawyers were so smart, they'd be investors!

Due to this though, I believe a lot of fix and flippers who are not as well experienced are not as profitable or may not be profitable because bank owned and lower priced assets are not as heavily discounted 

Hi Kate,As usual, to give actual, real professional advice on your floor choice, a bit more info is needed. 

I foresee it becoming a hotbed for medical professionals and chapel hill residents migrating there for the tax benefits and roi on selling their chapel hill homes and moving there....

We are professional property managers, we have a long successful history of buy and hold investing, we have great credit and sufficient income.

Any help from the experienced multi-family would be great!

Mark is a seasoned real estate professional specializing in the acquisition, disposition, finance and management of commercial and residential properties. calBRE# 01364471.

I am licensed real estate professional who is seasoned residential and commercial agent who enjoy working with a variety of clients in real estate deals.

Some folks are doing great with it here, but they tend to be very hands on and experienced.