OMG, the urine volume factor!  

I think it was just waiting longer mostly, I'm sure the price drop to 1195 was also a factor.

First telling factor is the amount of people who have gone through and not made an offer.  

(I know, but it happens)Analyze their credit report and if you feel comfortable, do a background check and make sure their criminal history checks out.Another key factor is employment history.

I'd say she wants to avoid an agent's fee, but the desperation factor is counter-intuitive, because she wouldn't be trying to get the most out of the property with a quick sale, it seems to me.It could all work out fine, but desperation from an executor of an estate is really off, to me.  

Worth noting that it is a costly process and winning a judgement does not necessarily guarantee that you will ever see a dime.What kind of asset class you are renting to would be the biggest factor I looked at when deciding whether or not to pursue a lawsuit.

Also for a 175k purchase with 25% down i calculate $590 pmYou'll probably also want to factor is about 10% of rent for capital expense, which you will not run into every month, but when you do (usually when a tenant leaves) you do have to pay it.By the way, $175K... this is not that property in the corner on Acapulco is it?

They turned them into as many units as they could, mostly tiny studios and a few one-bedrooms.Initially, his tenants were Portuguese fish factory workers, before the university grew to end up across the block.  

Another factor is 50k commission and appx 20k other sale expenses.

One important factor is the vibe your getting from being the one actually dealing with this senerio.