Are you comfortable submitting a lot of low offers?

Debt service could be a traditional 30 year mortgage at 5% with low fixed payments.

Inventory is still very low as well.

But, I do get a good return on mine because of low HOA.

Paper applications are outdated, but I do have a section I can have them sign as a release on paper, so I can call their employers, current landlord, etc. 

Looking for 10% or higher CAP rate from rentals…better returns than index fundsOrBuy and rehab/remodel an existing apartment complex in a B neighborhood and hold…I rather do the former (low maintenance)Location:I was thinking Orlando, Tampa, Jacksonville areas…good demographics, steady real estate appreciation, low unemployment, relatively low real estate prices… I currently live in Seattle area and the prices are extremely high for this kind of project.I am willing to temporary relocate or commute in order to manage the project (wife will take care of the existing business).I am looking for advice, suggestions, comments

., then that is still a low return from the cash flow side of things. 

I looked at doing the same, a 30 year refi, but decided on a 20 yr heloc instead because the interest rate I'm paying now is ridiculously low and I don't want to lose that.

I did quite a bit of diligence, traveled to inspect the property, paid for sewer scoping etc and in the end, my revised offer was apparently too low ($10K of a $445K property!)

Your employer should also complain (or whomever owns the condo).