I'm not too experienced just yet, but I've reached out to some partners to also investigate. 

“ show by calling the authorities or investigating .. not when Chaz bono will be dancing tonight!” 

You may as well run the airbnb yourself.You should also investigate whether airbnb is legal in your area and whether th eadditional traffic will result in neighbour complaints.

Here are some preliminary numbers I ran: 260K FHA no repairs and current rents on left, 300K 203K, reno and higher rents on right: % Down Payment 5.00% 5.00% Down Payment $13,000 $15,000 Remainder of closing costs $3,000.00 $3,000.00 Total Due at Signing $16,000 $18,000            Mortgage Rate 4.60% 4.60% Length of Mortgage in years 30 30 Monthly Mortgage payment $1,266.00 $1,461.00 Taxes $386.00 $445.00 Sewer and Water $50.00 $50.00 Trash $50.00 $50.00 Heat/Utilities $ - $ - PMI $ 180.00 $ 208.00 Cap Ex and Ops $200.00 $200.00 Insurance $65.00 $75.00 Mgmt Fee $165.00 $165.00 Vacancy $132.00 $132.00 Total Expenses $2,494.00 $2,786.00     Unit 1 $500.00 $700.00 Unit 2 $900.00 $1,100.00     Total Revenue $1,400.00 $1,800.00     Cashflow/month ($1,094.00) ($986.00) Cashflow/year ($13,128.00) ($11,832.00) Cash on Cash Return -8.42% -6.57% I have not talked with the seller in detail yet, as I want to see if this is worth a deeper dive first. 

Most of my skip tracing in the past had been for Private Investigators and Buy Here Pay Here Car Lots. 

So, the goal would seem to be to satisfy the municipality.I would investigate patching and resurfacing the concrete.

Investigating the potential of an additional onto a house for the purposes of going from 2 br 1 ba each duplex, to 3 br, 2 bath each duplex. 

I guess I'll wait until I see the tax statements and investigate further.

He did not explain (1) how his mother was involved; (2) if the subpoena was part of a civil or criminal investigation (he implied criminal); or (3) whether the subpoena had anything to do with wholesaling.

But, you can do further investigation: Do you have the breakdown of all expenses?