When you charge for your expertise and training, you are a private trainer, not a mentor.

I am not aware of a suburb where R2 indicates a 2 unit dwelling (which is what you seem to be implying).

George, I don't think there are any shortcuts to creating a sustainable wholesale business (I'm not implying that you did).

Lenders are usually not a liberty to discuss in depth issues, like credit, of an applicant with a the Realtor, regardless of what some disclosure form might imply if there is one.

Asking this agent for comps will probably give you the best idea of values in the area with the smallest effort.When you say the son wants to transfer the deed to you, are you implying that you will be taking over her existing loan?

The numbers imply you should, but since this is an investment property, the lender is less likely to accept this.

I know you weren't implying that investors stay away from the Midwest.

I'd say the friend wins enough by saving $300 per month in rent, although as implied by the other posts this will still be money losing for the owner in the long term.

Is it because capitalized is supposed to imply that it's "warming induced by man?"

Now you're implying the short sale is approved at 175K.If you like the house, offer $175K and be done with it.