I'm not sure what an "informal" offer is, but why waste time with anything other than an offer that, if signed by the other party, constitutes a legal binding contract? 

You may not like some of the other party's actions, but that doesn't change that fact. 

., $500 (for 2 units), $550 for the third. 

The third one i was high bidder 4xs and seller finally determined that must be market and accepted my bid. 

I came back home and went on a year bender (partying, drinking, etc.).  

All purchases must be through Home Depot.If you use them for installation, they will probably be a bit above market.If you are handy, you get the material from Home Depot and install yourself.

With only a third grade education due to having to work to help his Mom support the family, He was able to leave his children a Triplex, a 5 unit mixed use and a 2 family home.  

Our app is NON-BRAND specific because let’s face it, there are good and bad agents in all brands so we’ve even built-in an agent endorsement program for agents involved in a deal to endorse the other party if they were happy.

(Replace part of roof, install new furnace, some electrical work, and light cosmetics.

When I first started out I really had no idea what to think, what to do, or where to start...Today, I just finished my third investment as a private lender for a rehabber (earning 12.5% interest) and I have a fix and flip in the works (thanks to a great team I've been lucky enough to align myself with over the past year) which looks to be finishing up in the coming months.