Multiple Rental properties in group package

[Gary Tommeraasen]

I recently found a landlord that is selling 17 rental properties for $500,000 with owner financing. The owner wants 20% down so $100k and will carry the $400k. I'm working on getting more details from him. He did say they are 100% occupied right now.

I'm looking for advice on how to proceed on this and I know what the monthly rental payments are in the area. They should be around $500/mo depending on the property.

Thanks in advance.