Quote from @Shawn Questa: Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure. 

If I sell one house per year, it will pay for itself.

@Michael Daniel Ultimately, it's all about confirming what the housing authority pays.

Ignore the $1,250 per month because that's your cost of housing, if you didn't pay that on the home you'd have paid that in rent so that's a non factor. 

If you’re In a title state make proof of utility pay off a condition of closing.

Tenant covenants and agrees to pay interest at the maximum lawful rate or eighteen percent (18%) interest, whichever is less, compounded annually, on all unpaid Rent, damages, and other amounts owed by Tenant, excluding late fees, from that date of Landlord’s final accounting until such time Tenant pays all such outstanding amounts.

In the end we had to pay to turn the space back in to a white box/shell and closed with basically zero physical assets.

With that being said, I personally know several people who've had tenants that stop paying their rent and try to hang around for as long as possible. 

The 90% they are paying you back is probably 1/3 of what they're actually making by you committing to a deal.

I focus almost 100% on my pad ready land cost to come up with profitable deals. 20% of gross development value is the most I will pay for land.