Your purchase price should take into consideration the cost of eviction and subsequent renovation.

And they may have an investor on the deal that only cares about their interest etc etc. meaning many other reasons you may not be aware of is why they don't want the asset.if they are making a new loan to you then they will protect themselves vis a vi title insurance.. they will open escrow with subsequent title  assurances.. just make sure you check that out.. or have a good RE agent look at it .. and if your really unsure have a RE lawyer give it a once over.. it should be fairly straight forward though.

On Zillow I don’t allow people to apply until they answer some pre-walk thru questions and subsequently an in person interview.

The eviction process was started and subsequently halted due to eviction moratorium from covid-19. 

(b) Personal property remaining on the premises may be deemed abandoned if any of the following apply:(1) The tenant has vacated the unit following the termination of a written lease.(2) An eviction order or order for possession in favor of the landlord has been entered and the tenant has vacated the unit and removed substantially all personal property.(3) An eviction order or order for possession in favor of the landlord has been executed.(4) The tenant has provided the landlord with written notice of a forwarding address and has vacated the unit and removed substantially all personal property.(5) The tenant has vacated the unit without communicating an intent to return, the rent is more than fifteen days past due and, subsequent to those events, the landlord has posted notice of the tenant's rights regarding the property.

They are attempting to inject language into the ALA intended to trap REI's and Licensees such as RE Agents and Title Agents into either disclosing that there is a secondary transaction or higher subsequent offer.The exact language on a recent approval I had was "Under penalty of purgery by signing this affidavit all parties to this transaction agree to the following: There are no secondary higher offers or pending subsequent transactions that have NOT been disclosed to and approved by the lender.

That should dramatically increase the number of calls you are getting, which should drive more leads and - subsequently - more deals. 

Subsequently, I started reading his articles and eventually went to his seminar. 

The formula & the subsequent rearrangement:Capitalization Rate = Net Operating Income/Asset Cost *Now multiply both sides by Asset Cost to remove Asset Cost from right side and place it on the left side results in:(Capitalization Rate)(Asset Cost) = Net Operating Income *Now divide both sides by the Capitalization Rate to get:Asset Cost = Net Operating Income/Capitalization RateI know most people on the forum understand this, but it may help beginners unfamiliar with the formula.The problem with the property you've posted:As Joel Owens notes, the operating costs of 75,000 (17% of gross income) are completely unrealistic.

In many states, licensing issues even come into play, if you intend to represent clients, for a fee.A finder is described as one who finds, interests, introduces, and brings parties together for a transaction – The principals themselves subsequently negotiate and consummate.