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. 

I totally agree a scope of work would have been a better approach so all three would have an exact written idea of the work I wanted done.

@Robert Biggerstaff, it’s a really interesting question and touches on a few key topics.1) You likely need to be active to start with and to build up capital but in order to scale you have to automate, delegate and systematize your active pursuits or take a more passive approach by investing in others deals2) Setting a pure financial goal is a good start but it can be even more powerful to state your goal in terms of what it will enable in your life I.e. what will happen when you hit $50k a month, will you then not be happy until you are at $100k per month.Good luck!