Negotiated 9k off asking and an additional 2k in closing costs through our agent and the home then appraised for $14k over the sales price.

I'm now working full time in real estate where I've gained extensive experience in the sales and acquisitions world.

Side note: Luxury rentals on the most opposite side of the country on the Oregon Coast have not seen a drop off in income production due to greater barriers to entry of STR permits. 

(Yes - even for conforming products.)  

If the STR strategy is the only strategy that makes the property pencil, be sure to purchase in a market where the use is allowed, the use requirements is protected by the permitting and licensing and the permissions are transferable through a sale.

Rich Dad Poor Dad, Secrets of the Millionaire Mind, and Think and Grow Rich are the corner stones of the path that's lead me to where I am today.Perhaps an unconventional way to start, especially with the tremendous learning curve when just starting out, on December 1, 2023, I decided to leave my job in sales of 3 years and commit full time to learning how to flip houses first hand.

There have been a couple of duplexes for sale in the township but they were way outside my price range.

Here are some details on what I'm looking for:- Multifamily or portfolio of residential- Sales price: Up to $750,000 (I'm doing a 1031 exchange (or reverse exchange) on a California rental property    so I need a replacement property of $575,000 or more- Timeline for purchase: Need to enter escrow by Oct 7th at the latest- Class: A, B or C neighborhoods with a sales price under 800,000. - Condition: Turnkey or Value add.

It was for two large parcels of farm land that I’ve had in my possession for a long time now (Calhoun County, Al tax sale was 10+ years ago).

I’m in the middle of nowhere. dc is like one and a half hours away. so it feels like there isn’t a lot for sale in multi family near me2.