Gorgeous Million$ bank owned property for 775K" Call 770-XXX-XXXX for Pics.

And just like the mid 2000's people from expensive states ask how can you lose on a building that is $xxx?

So I think my answer to this person will be, "I am scheduling appointments to view the property at xxx. 

Then I highlight orally the list of issues.Think compare/contrast the lease conditions vs the factual differences caused by the tenant.Attachment A) is the lease signed on mm/dd/yyyProof of Service is Attachment B)lease payments due on 1st, late on the fifth and the tenant is always late even up to the 15th as evidenced by Attachment C) payment history for xx prior monthsunit is to be kept clean Attachment D) shows pictures of the exterior which impact my ability to rent other unitsKeep emotions out of the discussion and if relations between tenants is an issue, just state:Tenant said/did xxx which impacts quiet enjoyment of the other tenants.

Negotiate a no or small down payment, find a credit-challenged buyer(new to the area, small business owner, banged up credit but has great income, etc.) with $XX,XXX to put down as a non-refundable option deposit(Sandwich Lease), etc., etc.There's been many books written on the subject.

The second property is lived in by an adult offspring of the property owner, who has collected garbage and debris for 20 years and displayed it all over their yard.The biggest problem for either property is the occupant's compulsive problem with their belongings, which is deeply personal and complicated.

Their two concerns are that the insurance be paid, and dealing with the son if he inherits (compulsive gambling addict - do they have the right to insist the note be paid off if he inherits?).

I don’t know if you have any interest in selling at the moment, or in the near future, but if you do give us a call at xxx-xxx-xxxx.Make it simple and don’t answer your phone calls.

Suggest you have seller to serve them xxx days (local custom) to get them out as condition of making the offer.

Real estate investing can attract people who aren't happy with their current situation in life, believing once they have money and $XXX a month in passive income life will be great.