I can do this with either dpsecured debt or an option secured by a performance deed of trust.I'm careful to negotiate to not be responsible for the debt portion of the lien and if the debt remains an obligation of the seller or the seller's estate, I just want the asset released. 

You give me a scope of work and I give you a fixed price to perform it along with an expected date of completion. 

The other thing you get, is that if you ever have an issue with the work performed, the stores generally will burn the sub if they have to, in order to stand behind the work.

Not sure any cons with exception the value is based on appraisal and not how the asset performs.

New York City-based real estate investor building a high-performance portfolio of investments in Northeast Ohio where I grew up.

I have already performed my cash flow analysis and intend on walking inside and outside of the properties in the next 10 days. 

I'm an investor interesting in Memphis TN.How is the market performing?

How is the market performing?

But the 320 unit and 296 unit apts I recently invested in are expected to perform much better in yield and IRR at this time in the RE cycle.  

He now knows exactly what is going on and can use whatever influence he has to ensure that the community stays up to par and he retains the value.