seller finance opportunities are very, very difficult to find.hope this helps - happy to dialogue furtherWell in the midwest, you can still find the 1% rule and positive cash flow!

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

If you're already in a secure financial position, leveraging your equity could be a smart strategy.

I'm reaching out to Baselane's leadership to put some sense in them about good banking practices and honoring legally bound leases, that they ended by breaking through this action.

The 1 mile income radius could be misleading in either way to the positive or negative if the property is on the right or wrong "side of the tracks" so to speak.The 80% occupancy, if it's solely due to the mismanagement of the current owner could be an opportunity. 

I like that you came on here and at a minimum attempted to defend your position. 

I'll set a goal and take action, knowing that real estate investing is a learning process.Thanks again for your guidance!

There is now some positive cash flow (not much considering the value of the asset, but a lot considering where the initial cash flow was).  

The duplex is cash flow positive, but not by much.

Next step is typically to file the action at the courthouse, like you said.