I once lived in a studio in a large apt building in NYC with electric included, but paid for my cooking gas.

Ardmore, on the other hand, is a bit more of an isolated city in that there are not a whole lot of cities in that area with large populations.

In your mind you have created an extra layer of litigation protection but to accomplish this you have hovered around mortgage fraud & added a risk of the loan being called.

How large are the front and back yards?

He works out of their Auburn office but I believe he would travel for such a large property.

To make a strong offer, you need little to no contingencies, quick closings (typically), large EMD, POF, and an ability to create a spread for profit.

So much to learn, adding the stress of doing all of this on your own seems like a mistake for most people.  

There is a lot, its a lot to understand, and trying to learn everything while making a very large purchase isn't a good idea.  

Long story short, evicted the tenant, put on a new roof, painted the walls, replaced carpeting, added a 1/2 bath, got a new amazing tenant in place (they have since finished the basement, added security alarms, painted walls, added cabinetry... all on their own dime) paying $850 a month.Fast-forward again to last year.

Property has 14 units and they will probably take $375,000, 10 efficiencies and 2 2BR. They have a mortgage on the property and it cash flows $8990 per month. Profits 3675 after mortgage and all. What are some example...