The problem normally that comes to mind with this strategy is two fold: 1) You have to take title to the property (even if only for a second) so there are double transfer taxes, double closing costs, etc., to pay...., and 2) the new buyer may have trouble getting a loan because now you have a title seasoning problem (most banks only wish to give loans secured by properties that have been held by the seller for 12 months or longer).

It's gamble that's worth it at the price they've bought it at.

Hey @Brandon Blase Look into Low down payment stuff (203k loans - for rehabs, and FHA loans for normal purchases).

(Many other cosmetic issues exist, but I consider those normal.)What should I tell them when I come back with repair estimates and offers?  

Does it work like a normally amortized loan, as in would I be paying more interest up front in that first year? 

Some say 2% is normal.

As you can imagine, leaving a marriage normally comes with (or causes) bad credit!

I've been an REO buyers agent for 12 years but been awhile since I made an offer for a retail buyer: normally it's cash, close in 10 days.

The tenant is in the lower paying $800/MTM and it would be nice to count on that initial money but I was hoping for $900/mo.Built in 1926 which is normal for the area.I didn't factor utilities in too heavily because I'm trying to compare it to what I currently pay.

Just do what is normal for that  neighberhood.