Unless you are an experienced sponsor/investor then I would stay away from this one.

Keep in mind this is not the most user friendly website lol:https://www.huduser.gov/portal/ushmc/home.html#state_mapFrom there I try to find sub markets within the metro area that are close to the median rent, have a unique draw (walk ability, close to jobs, good schools ect) and are either in the path of progress or in a very supply constrained area.

He could attempt to do a loan modification (loan mod) with the lender, though this would cut you out but would be great for him if his goal is to stay in the house. 

The seller and her lawyer sent us the contract and we got it back to them within a week with revision, and now the seller has had it for 3 weeks now.. with the Lawyer being on vacation for 1 week for his honeymoon. how long do i stay in this deal?

Stay away from the bad areas-haha-and screen your tenants extra well.

Not $500 for the whole plex.If you go the $150 per door route stay at your job. 

Stay calm.

*This advice is anecdotal, but I personally would stay away from Home Depot, Lowes, and other box stores vinyl planking.

I have an opportunity to purchase 5-7 lots in an area that already has some trailers on it. In general, how much would it cost to prep .25 acres (perc test, running power, water, occupancy permit, etc) to allow for a ...

Austin is a great market as long as you stay away from downward trending areas.