Slow and steady wins the race, get-rich-quick falls on its face.Yeh, I just made that up.

Quick questions. 

The deals are out there, but you have to act quickly as they get snapped up.

A quick search shows you should expect almost $15k/yr in taxes.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Thanks for the heads up and fingers crossed this goes smoothly and gets resolved quickly! 

I have been here a long time and feel like I know the area, but things change quickly in this business.

If I can put a place on the market, rent it quickly at market rents, then I don't consider an option like this.

Just doing a quick analysis using rough numbers, I see cashflow of $100 per unit, which is not bad.

@John Underwood thanks for the quick input!