Also rehabbing will give you a discount and you'll have equity.

Needs all bathroom fixtures and appliances.) 

That means, if you have $32,000 to invest then you want to make a profit of $32,000 in 1 to 2 years, or 50% to 100% ROI in 1 to 2 years.This is very achievable if you keep your money in your pocket and work harder to find a property with a good discount.

There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proThe site has quite a few tools that can be helpful for new members.

(Kitchen $12k, 2 bathrooms $18k, flooring $8k, paint, $12k, etc).There are NO SHORTCUTS to this process, it takes time and lots of practice.

Updated all the bathrooms and flooring, Relocated and sold the property (should have kept renting it).

If you really want them to sign a lease, offer a discount for lease signing.

Thanks Michael, There is definitely a lot of work to be done:- Paint is pealing off all the walls- New appliances for 3/4 units- All units are required by the TWP to be connected to sewer now- Bathroom rehab for 3/4 units- Above ground oil takes removed and boilers replaced or retrofitted for NG (This is more a nice to have)I asked the owner if he would be willing to do owner financing and he said no...

If you don't really want to hold the note, you're better off having the buyer find their own financing.If you want to sell the note on the secondary market, most note buyers will want a discount.

This also means only 2 kitchens, bathrooms, waterheaters, etc and not 4!