Sending mailers consistently pays off to reinforce your message and ultimately get that ROI.

This would be my first, but have help with an experienced home builder as a potential partner who has some great connections.To make my numbers work, assuming an ARV of $350k due to the property backed to a secondary artery road and some commercial properties, I would have to buy around $125k - $150k due to the cost of the structural repairs (slab jack, 18 helical piles, chimney reinforcement, etc.) and the full cosmetic repairs.Knowing the owners need $225k to get out from under this thing, would you make the low offer of $125k now or wait to see what happens with offers and the bank then try to make an offer, assuming the property is still available via the bank?

Now that you are reinforcing all the concerns, I am even further reminded why this would not be a good idea while they occupy the property.

They forward a copy on to the tenant so it reinforces the reality of being a responsible individual.There may be some downtime on background checks right now due to Covid19.

We'll find out more details during our inspection on Monday as well as an estimate for the foundation reinforcement.

This reinforces one more time that you really need to be able to inspect a property or at least have a professional who can do the job.    

You may be able to pour light weight concrete with reinforcement glass, like fiberglass over the whole floor, but this will raise the floor too, needs to be done professionally and will cost more but will give a solid surface.....but you still have the joist problem and either concrete or floor leveler will crack.

Write a letter showing a photo of the cigarette butts and full garbage cans, reinforcing the smoking, trash, and guest policy, and state that if they are caught violating the lease you will not hesitate to find new tenants who will respect the rules.  

This is a positive reinforcement trick and helps to visualize your achievement, which has proven to improve performance.

As you can see from the pictures, we wound up cleaning out the old joining cement and reinforced the entire walls.A friggin' nightmare.