(We agreed on a purchase price of $40k).

Thank you Andy-we are currently done with the repairs  and theu agreed to waive her their  as of now and is not charging us any money as she realizes she hasn’t been able to rent it .Also there is no contract ,  which after reading more and more on property managers is essential.

HI @Dan Ashley,I agree that partnering with someone would be beneficial for both parties.

However now I know what to look for and will make the call if there is a misunderstanding on my part.Spoke with the seller and offered to pay first payment of the note at closing to which it was agreed to.

I am no expert but have been present for a few inspections and i always like asking questions.I agree with all that was said already especially holding individuals accountable for caring for their own system.

Move out time came and they hadn't even started looking for a place etc etc. 2 weeks out from the court date for the eviction they upped and moved and didn't even request the funds (not that I would have given it to them anyways because they were 2 months past the agreed upon move out date).

Agreed.

I agree as well with the value being based off of current market rental rates, regardless of what the current lease rents are at or if a unit is vacant. 

I totally agree prices on the West Coast can be a hurdle,but with the right team, BRRRR is definitely possible.Wishing you all the best. 

The son has agreed to let us purchase the house for the amount owed on the loan.