I brought up the idea of purchasing subject to his existing mortgage from the realtor who is representing him, but they asked how would we report that at the closing table.

They replaced the floors, redid the kitchens and bathrooms, and brought in new appliances so it seems to me that there isn't much left to do with this property.  

The very very few times that we've had a tenant infested with roaches and bed bugs is because they brought them in.

Yes, but those times also brought out real eatate agents who were now modification gurus, attorneys getting people to file bk’s, and scam artists telling people what They Wantes To Hear, Taking Their Money And Then disapeared!

I’d happily pay a fee for a off market deal brought to me.

@John Hyre so glad you brought up that case. with a extrene Case and specific fradulent transfer action. you cant use AP for fraud.

In a partnership I'm involved in where I brought the deal and will be handling day to day decision making and managing the original renovation we are splitting things 65-35 so the partner bringing the funds will make around a 15% coc return annually.

May brought a record-breaking amount of inventory (over 14,000 homes on market).  

Overall it brought in a net annualized return of $4284 a month or $51,409 net annual (after management, vacancy, wear/tear repairs and cleaning fees).

The Covelli Center has truly brought new life to Youngstown, a gorgeous new Hilton was built nearby, and they've recently broken ground on an outdoor amphitheater.