I am obsessed with the house flipping process and how so much value can be added to the most distressed properties when done correctly.

They have a lot of extras that can be added (some free, some with additional cost).

@Jim Kaufman  Hey Jim,In one of our latest flips I made a island with 2 30" base cabinets I fastened them together and framed a 2x4 wall on the front side to put the outlets in then I put bead board on three sides and let the granite hang over for a nice seating area worked great and was not to costly.

Let them know that their credit would take a hit and a court judgement for damages and outstanding balances would also be added to their credit report.The next option that we could offer would be a lease termination.

Guess I'll be adding this to my tool belt...  

Always be adding to your list with every potential cash buyer or buy/hold investor you meet.4.

It will be a buy and hold property; it is a 3 bedroom ranch that I will be adding a 4th bedroom to in the basement.

As needed, an addendum can be added to specify the discussed and agreed to finance terms.  

Also remember that if you buy a unit property you can use the current rents towards your income. 75% of the current lease agreements will be added to your monthly income.I hope this helps and have a great day.

If you get them and are responsible for the risks, then you should be added to the title and mortgage.