theyll help you with estimating what it might cost per unit)-actually visit the property (with someone knowledgeable) and assess the condition of the expensive items (roofing, heating/ac systems, foundations, plumbing/elec, etc).some of these things will most likely be req'd by whoever your lender is anyways. of course some sellers wont oblige the requests for such detailed info until theyre confident in your offer/ability to purchasealso, sometimes people only look at their buying plan. you want to have a further view and have a plan on exiting (selling it when youre done). how you finance it can impact this because youll want financing that's favorable not only to yourself but to a future buyer as well.being able to sell it off as easy as possible is an advantage and you should always think how you can approach a property thinking "how can my actions help the property be worth more in the future and ease such a sale/transfer when im done?"

Or if I use them to pull title and later close with them they won't charge me double.In cash deal your cost basically is title insurance, transfer/stamp duty tax, and recording fees + pro rated items (property tax)I deal with a lot of foreclosure and such.

In some areas projects take years to get entitlements because of all the red tape in a particular county or city.  

“Recordation of Quitclaim Deed and Mortgage; Conditions”, the following statement appears: “Upon: (i) Buyer’s payment of the Down Payment and the Delinquent Assessment in full, (ii) Buyer’s execution and delivery of the Note and the Mortgage to Seller, and (iii) Buyer’s timely payment of all Probationary Payments, Seller shall record in the County in which the Property is located a Quitclaim Deed to the Property, transferring to Buyer record title to the Property, and shall simultaneously record the Mortgage.”The first payment for this land contract was due September 1, 2011, and the borrower has made timely payments exceeding the 24-month probationary period.

Others can get the same (if not better) effect by applying for those "No Interest for a year on amounts transferred"-type Credit Cards, IF they STICK with a well-disciplined plan of not buying ANYTHING unnecessarily.

I informed him that I was switching and all of a sudden he isn't responding to calls, emails or text.My question is if this continues, how do I get the current PM to transfer sercurity deposit and rent money he owes me after I switch?

There are lots of reasons for this: no down payment; no job history; unstable employment situation (frequent transfers, for example); does not want to maintain/rehab a home; wants to live in a nicer area than buying would allow; ETC.We have some older women who could afford to buy, but like being able to just call us if something goes wrong rather than hunt down their own repairman and pay the bill out of their pocket.

If it was less than $100 then it was just being transferred, but if it was 7000 then there might be something wrong with property.Driving by the properties will keep you from making a huge mistake.Good luck.John

These days, however, there are all kinds of ways to transfer money quickly so I would check those out.

EricaI don't think your financing has anything to do with being able to roll your gains into another property, but I would definitely do some investigation before doing one of those, specially with 1031s because there are some very specific rules that need to be followed otherwise your transfer will be invalidated.I also saw your post saying you wouldn't live in some of those neighborhoods!