After I have a healthy list of properties and the property owners on my excel list I use skip tracing tool to locate sellers phone numbers.

Trying not to get stuck in analysis paralysis just see so many people saying different things about what a healthy cash flow or ROI are.

The difference is that BK's growth was jolted due to a healthy dose of tax abatements.

If all your payments look good, and you have a healthy cash balance, they probably wouldn't bother one way or another, but if your DTI starts to get really high they might pull it.

You walk away with a healthy down payment and the opportunity to invest that capital in a new property in NC.

I don't have a ton to contribute at this point, but I believe strongly in "giving what you can" so here's a question that I was asked a lot as a newbie investor that has helped point me in a healthy direction:What is your "Why" for real estate investing?

We have similar situations here in Oregon... people paying 250k for a foreclosure to make 10k or sometimes nothing.. or just buying it to hold for rental and appreciation. what your describing I would say is more of a normal foreclosure market in a market that is healthy and good for homeowners... not necessarily bottom feeders like we all are..

In either case, I believe transparency is warranted and maintence receipts would help in understanding what is being done to the building to keep it staying maintained and healthy. 

@Mark JonesHey Mark, with your current situation, I would strongly advise that you build a healthy cash pool before moving on to your next property purchase.

The banks in past years weren't healthy in the last downturn and now that they have made new stricter underwriting loans they are looking to move the crud off the books.Your dad could tell the banker " Thanks and I appreciate you reaching out to me concerning this loan.