It’s time to look into home owners/rental insurance.

No one is ever happy: owners, tenants, vendors.  

Simply put, many of these distressed properties were put under duress by the former owners financially, not necessarily the location.

In short, the previous owner made a deal and sold the house while they were still living for monthly cash payments until they died.  

Will rent for 1750/month.Capex items needed soon: roof, water heater, furnaceArea: A area, appreciation is at about 5% a year but average home price is ~$500K so this home will appreciate faster, this will have multiple offers on itDeal #2 - mixed use, small office with a 3 bedroom and a 1 bedroom over it.Ask: 325KCurrently fully rented on one year leases, bringing in 4775/month but only one tenant pays their own utilities plus owner is responsible for snow removal and landscaping. 

I believe it is over priced (originally for sale by owner for $280k,later listed through agent at $360k), but I feel like the seller may be open to a creative financing option. 

I almost exclusively work with investors and business owners in buying and selling in Baldwin County. 

Why did the former owner not execute this strategy? 

Current owner says there weren't impacted the last time it shutdown.

Conventional owner-occupied mortgage rates are above 7% today (source: Mortgage News Daily - Mortgage And Real Estate News).