We went to assess it and in the morning we texted them that we are calling for an exterminator.

A property qualifies as Homestead for this exemption if an eligible owner files a Principal Residence Exemption (PRE): https://www.michigan.gov/taxes/0,4676,7-238-43535_43539-210891--,00.html#:~:text=Section%20211.7cc%20and%20211.7,purposes%20up%20to%2018%20mills.Many investors have gotten an ugly surprise when they bought a property that was a primary residence of the seller for the last 20 years.

OK this means he is motivated.

Normally, my team handles cold calling and texting, but recently, we started using an AI-powered texting solution from a startup called Adforce, and the results have exceeded our expectations.In just the first month, we closed two deals that gave us a positive return on investment, effectively covering the cost of the service for the entire year.

I’m considering traditional lenders, but open to creative options.If I were to bring on an equity partner, what’s a fair and motivating structure for both sides?

I was the only offer on the property and the seller is motivated to close.

Text me if you’d like more info: 619 995-3361.

If you have emails, text or written conversation that is better..

I sent them a text with an informal notice that if I don't hear back from them about the changes in their arrival plans and don't receive the first months rent by tomorrow I will presume they no longer plan on taking possession of the property at which point I will make a formal legal notice.

So run your numbers accurately, then decide, and figure out your motivation.