Banks are not going give a no-down loan as he suggests the new-buyer will get.I agree with you, the money needs to come from somewhere to payoff what's owed on the $20K.Jon, I'd suggest you NOT focus on this page in this book and I'd suggest you think of ways to shake up something for yourself where you are.In your setting, I'd ask who's your buyer?

. $26K/year in rental just shake my head at that.

If she vilifies you in the old neighborhood, you should sadly shake your head.

About three minutes from sale, those previously mulling about start to congregate towards the old guy and shake the hands of others that they see there every sale.

Not easy to find deals over here, but possible with some vigorous shaking of the bushes!

Regardless of how the numbers shake out for your investment, they'll at least know they'll be guaranteed to receive their money back, as well as make a profit at the end of 3 yrs.

https://www.meetup.com/sacramento/Meet people, shake hands...

My hands were shaking when I was opening the door to the house that was on a flooded street.

As much as I agree with you, the reason I posted the question is because even though the numbers work (even at the asking price), I just cant shake the feeling that I don't want to leave any money on the table. 

Can you imagine going to them with whatever information/proof you have that they did a lousy job, having them agree, shake your hand, and pay you next month's rent on time?