In my research, the elderly gentleman that lives there owns it outright, but has NOT paid his taxes in years.

Some have disabilities or are elderly or work hard but just don’t make quite enough.

HelloAn elderly neighbor recently passed away.

Yep, need to replicate what got you into your current house, just be mindful of elder laws when dealing with the elderly.I like to drive neighborhoods and note tired plexes that need paint, clean-up, yard work, etc. 

It appears the seller thought is was a better option to sell the property than proceed with evictions and go through the moral dilemma of kicking out a elderly tenant with cancer. 

I also talked to some of my other elders who are in real estate (obviously they play the buy and hold method) and they tell me to keep.

Hello everyone, I have always believed in the importance of learning from my elders and/or those more experienced than myself.

My reasons for selling: A) prices are up, B) my elderly parents need me and this house takes all of my time as a diy-er, C) property management is 15% or more near me + it appears they only collect rent / execute leases; repairs would still require my energy, D) labor shortage means no reliable, skilled, sober handyperson to do upkeep that I do now (tile bathroom, paint a room, etc)E) a cashout refi will not solve my problems- see B

Never had them connected to the meter so they’re just sitting on the roof.Owner (elderly couple) looking to move into a small retirement apartment wants $15,000 cash and willing to do a subject to deal on the existing mortgage and solar panels.Home is on the MLS for $112,000.00Needs foundation leveling, approx $30K Rehab Comps are $145K to $190K Any suggestions?

Quote from @Michael Elder: Should I refinance?