I'm wondering how best to approach the otherheirs about possibly acquiring their properties or offer them someother means of assistance and make sure the properties are protectedand hopefully create a win for everyone.

Purchase price: $675,000 Some great neighbors at one of my properties approached me about selling their three to me.

@Timothy Lewis I appreciate the feed back & it seems like to me that there are both good and bad things that come when obtaining the license so I will have to keep that in mind when approaching it.

I would simply approach the note holder and ask them if they like the monthly cash flow that's coming in and if they said yes, I'd offer them a lein on a different piece of property.

What are your thoughts on viability/approach to the below:Is it unreasonable to find a property levered 80% debt, 20% down payment that generates a cash-on-cash return of approx. 12% and annual appreciation of approx. 3% while using the following estimates:- 1/12 months vacancy, - 10% of total rent for CAPEX, - 10% of total rent for property management, - 1% of property value for taxes, - 1% of property value for insurance, and- Misc. expense retainer of 10%?

I'm novice at the BRRRR game, but my approach will be to prioritize buy-and-hold for long-term equity and cash flow, but occasionally do a flip where I can realize a quick profit on a property that won't cash flow...

You are so correct in your approach and viewpoint.

I think the best approach would be to get a HELOC on your primary residence.

I prefer the monthly income over the longer term appreciation approach. 

Sticks with no carrots is a very bad approach.