Selling the PropertyIf your parents decide to sell, they could: Sell As-Is: At a current appraisal of $350k, they could walk away with a sizable profit (after transaction costs like realtor fees, taxes, etc.).

Meeting some people tonight there to create a scope of work and do some additional discovery.

Please DM me if you have any additional questions. 

If a contactor is replacing only the decking (boards you walk on) $12k is a ripoff.

And then, you ask your soon to be tenant during their walk through, if they are familiar with that type of lock and how to use a paperclip or stiff wire to open it.

and even if you aren't going to do an inspection, can you walk it with a couple contractors?

Is it best just to walk away ?  

Moderator, we have no financial relationship with any guru :B ] after we canceled promptly there were no additional billings either time.

To get started you need an additional strategy that helps you build cash.  

At closing:The homeowner deeds the property to the straw borrower, relying on the false promises made by the ‘investor’All proceeds are used to pay off the defaulted loanThe homeowner walks away with nothingThe 'investor' pockets the equity and runsThe straw borrower defaults on the loanThe homeowner is evicted, loses the house and all equityThere are many variations of a foreclosure rescue scheme.