I currently have been approached by a friend that an amazing 2 year old bed and breakfast is for sale in my area.

I am approaching this as one would in choosing a good school and not so much racing for that first commission check..although experiencing both early on would be great, of course!

How might you approach this deal?

I’m in need of help trying to decide the best approach to flipping a multi-unit building any suggestions?

Listening to the BP househacking episodes that Craig guest starred on (252 and 350) made it seem like the best approach for me.

One way you can approach the seller is to show him that the information they provided was wrong.

If you want to take this investment approach, you may be better off buying homes at a steep discount within a park, renovating them, and SELLING them to a new park resident, therefore creating paper for yourself. 

@Matt Stricklen Not a bad idea, I have to figure out how to approach it and not appear predatory but I like it.

I may consider a similar approach, just not sure I’ll have trustworthy people to fill those roles before I depart next year.

The more passive approach (buy and hold) may be appealing since you can purchase as primary residence with nothing down, lease if you are restationed or deployed, and use property management if you're not able to be fulltime landlord.