Instantly, I was threatened by him that I cannot demand the money (as per his lawyer).

That means listing by mid-July if possible.The market is such a hot seller's market right now that the timing won't matter as much as it would in a buyer's market, but it's still a good practice.The key to acquiring properties in this crazy market is to jump on them instantly. 

Or are you looking for value add opportunites where you can go in, put some sweat equity in and have instant equity and higher cashflow?

Rentec Direct, because:  (1) A complete management solution for professional property managers,  (2) All of the tools for landlords to easily manage properties and tenants,  (3) Order instant credit, criminal, and evicton reports on your tenants, and (4) Inexpensive.

I had one recently, took me a few weeks to get it cleared up but instantly repaired my credit. 

If you drop it to $1.00 it will sell instantly. 

(Wherever "Here" is)Looks like a correction is in the making**********************************************************************************************"Home prices are continuing to fall across an unseasonably cool Seattle real estate market, with homes that would have been snapped up in an instant just several months ago now sitting unsold.""

You would instantly save on taxes by moving to another state.

But I really wont have any instant equity.

Therefore the viability of this purchase will primarily be based on the instant equity achieved via the value add.