That seems extra complicated.

And make sure you are working with someone who can walk you through the complications and answer your questions.

There can be tax liens on the property, no time for traditional financing, they think getting it listed is complicated and don't know how to work with a realtor...

They are more complicated than a standard real estate transaction, so I would invest in discussing this with a real estate attorney and having him/her draw up the contract.Good luck!

LLCs with a trust gets more complicated and expensive at the same time.talked to another lawyer, and she told me to merely get a ~$2m umbrella policy...~$20-$30 /mo. 

Weird to be so complicated on something so small.  

@Mike Wilson  caution on NPN  careful not to drink the coolaid..the most complicated transaction you can do with the most risk.. anyone telling you that NPN are cake walk and your going to make all this money.... people that are and have been in foreclosure do not change their stripes..

Let's be real, if average lenders and realtors can understand it... it can't be THAT complicated. 

Your tenants will of course put up a fight.3) From an administrative standpoint, it's much more complicated to keep track of each tenant's annual reconciliation and base year expenses (I manage the property myself).  

All-in-all its a buyers market2)  Unlike in SFR multi sellers tend to be other investors and are more sophisticated which again makes it harder on your side vs. getting inventory from homeowners who will always have more complicated factors. 3) You may not like this one but think about this from a seller or brokers point of view, why would they sell to you.