Ignorance is not bliss and can unfortunately destroy some unprepared and unsuspecting people.

But ignorance is a luxury that I can not afford, so here is my question.

Have others still found luck being able to refinance inside a 2-3 month period with the banks ignoring the initial purchase price??

You will know this is a more serious issue if she begins ignoring you.

I've seen far more damage done to properties by people who let their kids run wild, or who mess with plumbing or electrical issues in blissful ignorance, than I have seen done by neglecting to clean a range or wash a floor.

The property obviously cash flows, so I'm torn between just ignoring it and keep collecting the rent... speaking up and giving them a pep talk (which is a waste of my time)... or putting it up on the market and letting some other heartless bastard worry about it.

We are covering two days and five offers but still ignoring the seller.  

I am totally ignorant, in many ways actually, but specifically regarding how much it will cost to develop my idea into a working business.I want to eventually build 3-story apartment buildings for a new complex in an area that is not only nearly saturated in terms of occupancy, but in which I know, without any question, property management companies are creating my customer base daily.

They basically ignored my response and did everything for that work order.

I believe by doing so I will learn a few things that I may use when analyzing new deals.Here are the numbers:Purchase price $85,000Downpayment $17,000Improvements $26,000Current monthly escrow $665 ($150 is principal)Current monthly rent     $1,100Utilities by tenantAssumed sales price $120,000Current mortgage        $83,000 (I re-financed at 3.5%, 30-year fixed to pay off my school loan a few years ago)I've been using the latter version for how much annual profit I make on my investment, as follows:$120,000-$83,000=$37,000 (in my mind I have $37,000 locked up in the property currently, ignoring sales fees)Annual net income=12 X ($1,100-$665) = $5,220 My return on investment = $5,220 / $37,000 = 14.10%Any thoughts on this?