This is due to the strain on cash flow from the higher rates in investment properties.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Each jurisdiction is different, but typically include a substantial deposit due same day up to full price deposited that day. 

But I would think it could/would certainly work out if the numbers look good.And yeah, I don't think you'd have to discount the space due to less SF, or not much anyway.

But bottom line: January rent is due to you provided the tenants were informed of the sale on or prior to closing. 

A colleague recently closed on a 12-unit property in San Antonio and shared that a 6.8% cap rate, combined with lower property taxes, made it a no-brainer.

But some believe condos are riskier due to potential mismanagement of the community by the HOA.As an out of state buyer seeking a low risk/maintenance LTR, are there any glaring downsides to buying and renting out a condo? 

So obviously being in foreclosure, absentee owner, tax lien or any of such "distress" doesn't make you motivated.So what you need to ask yourself is "how do these software determine who or what is a motivated seller right?

BRRRR is not a great strategy in the current market due to the mortgage rates so it's not as applicable as many think from reading older posts or books about how easy it is.

Also Seller hasn’t paid property taxes in 2 years which is a sign the property is in distress.