It's my privilege to share with you the basics that I have learned during my REI journey:         1.

You are in a position of privilege.

I've never actually had the privilege of meeting or interacting with such a rare species.

Would ask your agent if the sellers architect used D-14 privileges to self certify construction. 

I'm privilege to share with you some basic insights which I have learned too:          1.

Hi Everyone,My business partner and I have had the privilege of being a part of various real estate groups in our area that have been extremely vital to our growth in real estate.

Personally, I consider it a privilege to encourage others who would aspire to do the same.

If you TRULY want to help an under privileged person, get race & color out of your head because that very notion IS racist!

You make enough money at your main income so that you're willing to work a second job, and pay your employer for the privilege, because you think you have a chance for your own parking space and a promotion...which would mean more work on your part, but...

In addition to being underwater, I wouldn't be surprised if the owners are also seeing negative cash flow.At $2,574/mo in just principal and interest ($508K @ 4.5% with 30-year amortization) and another $833/mo in property taxes, you're looking at a $3,407 monthly loan payment, of which at best $1,800 could be offset by the rental income.That means you'd be on the hook for $1,607/mo + repairs + maintenance + management + vacancy + insurance, and all for the privilege of living in a 3/1 unit with ZERO equity right next door to your tenants.Given all this, I don't see that making their problem yours is the best way to go here.I would take a hard pass on this one, personally!