Why are you investing effort in this one with a couple of strikes against it from the get go?

Perhaps offer to share some portion of the net rental amount above the payment and strike an arrangement with her to split the proceeds when you sell at some point in the future when the market recovers - it will, it always does.  

This distributes force exerted on the door more evenly.Buy heavy duty strike plates and install those.

I hope you get the metaphor...I underwrite to a performance level that I'm confident in and I arrive at a strike price. 

This strikes me as a town that has artificially low real estate prices due to government capture by the casino industry.

But to me honest I think agents and lenders and property managers with their ear to the ground and an open mind are in the perfect position to strike when the deal presents itself. 

In all the wholesale deals that I have completed I try to strike with the iron is hot.

(not to be confused with the borrower's amortization or term) In other words if you have to strike the deal at $70k, you will want to cut your investment term down by working with the borrower to refinance the entire 'new' balance before the 120 period maturity or somehow pay you in full (they could sell the property, too).

[b]If you have a seller with equity, and they want to wait it out, as the market is rising,So you lease with option and set the strike price at new appraisal, not setting the price today,isnt the letter of the law this is not a legal option, the price must be stated?

Don't let me me stop you though, if you think your money is better spend buying someone else time to tell you how he/she strike it rich with 0 money out of pocket, and how you can talk anybody into selling their property for pennies on the dollar without any hardwork on your part.