However they are rare and may not be excited about working with someone new until they know you can perform.

I would say finding a good property manager for the multiplex can be difficult and I've had my share of frusterations but the properties are still performing.

You can find fully performing at a 9 to 10 cap in good areas.

I will be able to directly compare the performance of each, a happy afterthought coincidence.I think either have their place when considering a buy and hold.

I would also ask for near 100% vendor financing (an earn out) to give incentive to start getting the property to perform .

Prepare ahead of time by identifying issues and questions you have, and see how they perform.

Owners love having a portal to access their property information and performance in real time. “ Ante VujicTenantCloud “I do all of that with TenantCloud and have closed my paid account with AF.

They are two separate agreements.An option may not be contingent on performance of any kind, if the option is paid for they purchased that right to purchase at a set price over that term.

This is setting an honest expectation with the seller that you may or may not perform.

That's why I prefer shared housing and am actually trying our model on a couple of inner city homes to see how it performs.