Current or prior ownership of real estate: Currently own 1 rental house in Portage,IN and have only my DP in equity, 25% but comps in the area show property worth another 10K (+ the 25K down)Occupancy: 2 homes pay land lease, 4 long term renters and 5 other homes leased with an avg 90% occupancy.Value of property at present and/or your offer price: $175K list and seller is willing to leave 12K in escrow return to buyer after purchase.

Take the grass and sprinklers(if present) away from the house. 

Not one went smoothly enough that I felt I could have not been present for. 

Tenant does not have to be present, nor do you have to bend your schedule to fit him.

Single Investors don't need to do more than one Deal at a time and make it Tax-free and Tax-deferred.

If you wait until the situation presents itself and then try to fumble your way through it, the tenant can see that as a sign of weakness or think you're trying to gouge them.Final note: DO NOT let the tenant use the deposit to pay the termination fee or last month's rent!

We also have a connection with an investor who is ready to commit to working with us when we present some good options to him. 

You'll see much better efficiencies of scale and you can force appreciation, which you can't do with residential.I'm not sure if you can do a 1031 from one property into 4 and still defer all of the taxes.

@Lauren Finn I think we covered this in your post yesterday, but looking forward to seeing you at the next RI real estate investor group meeting if not before too 😊(Wholesaling is both just as easy, and way not as easy, as it’s usually presented to new folks, so I’m definitely looking forward to talking with you about that, and related real estate topics too of course.)

With buy and hold if I paid too much or discover higher than expected deferred maintenance I simply hold it long enough to get all my money back.