They have to have some equity to do it of course, but you can "sell" them on the idea by asking if they'd like a way to keep getting cash flow from the property without any of the headaches of management (which will be your problem as the new owner).If you're able to find an off market deal and buy it below market, you can also get "paid" part of the equity (again buying with a partner) for finding the deal.

Needs cleaned up and you can put up barriers and use mortar to fix a lot of that water problem . A

Unless you have a tax problem (as in they're too high) that can be offset with passive losses, I would not recommend this purchase.

@Branden Sewell discussion post, I too am running into the same problem as a newbie in this industry.

 No problem as long as your buyer is on board.

Near the end of this project, I'm going to send my guy over to her house to install a new toilet because she mentioned that it's the only thing in her house of 30 years that is currently giving her a problem.  A

Being a Realtor and a Property Manager for over 30 years, and the need for the internet we all have, but if your TENANT is having problems with her accessibility to Netflix, this is not your problem as a landlord, you have provided the service and have made sure that the service works on multiple occasions, if she needs something else stronger then I would suggest you let her and her helicopter father know that you have complied with the lease and if they feel the need for additional technology to access what she needs then they can call the Geek Squad and get a booster. 

So focusing on cashflow, IF IT IS GENUINE AND SUSTAINABLE, makes it almost impossible to go broke.However it is also almost impossible to get wealthy on it either so that's the problem.  As

As I said above, it's mostly long term future prospects that are the problem. As

Hoarding is a mental illness basically, and part of their problem as a hoarder is that everything has “sentimental value” so they can’t get rid of stuff.