The old owner unfortunately locked his tenants into $800 leases which scared away some buyers before he listed.

Buyers don’t care if you shelled out more on the rehab, if you’re priced too high, you’ll end up sitting on the market way longer than you want, driving up holding costs.Lastly if your buying on market, REO or Corporate sellers are dominating and not as willing to negotiate as owners would.

Ask to speak with some of their current owners and current/former tenants.

If you have a partner and are a minority owner or LP in the deal, you may find something, but that doesnt sound to be the case from your description.

I got from this LP the name of the owner of 711Rescue: Zak Shaik.

Maybe a mom & pop owned small multi-family can owner finance or sell to you with some guidance for the transition.

Here’s the context:The house appears vacant, with a large tree that has fallen on the property.From what I can see, the house seems full of furniture and might even be a hoarder home.I’ve skip-traced the property and found that the owner has unfortunately passed away.The house seems to be mortgage-free, and I’ve identified three phone numbers associated with the son, who I believe is the heir.I’d like to reach out to the son to express my interest in purchasing the property, but I want to ensure I do so respectfully while also gathering the right information.Here are my questions:What’s the best way to approach the heir while showing my condolences for their loss?

While it might feel like an extra charge to tenants, these packages often provide value that indirectly benefits the property owner as well—like reduced maintenance calls or ensuring the property is better protected.In my experience managing a large portfolio of properties, these fees are becoming more common due to the thin margins in property management.

I'm an investor, flipper, and property management company owner in central CT. 

Ask to speak with some of their current owners and current/former tenants.