Many heirs prefer this because it means quick cash (or a check) without having to go through an estate sale company and pay commissions.

This brings a much greater liability into play, and in my opinion provides greater balance.Is this offering the best “deal” for a passive investors?  

Your price to a cash buyer would be $30,000.

This negative position can consume years of cash flow to recover.

Purchase price: $75,000 Cash invested: $75,000 Sale price: $75,000 This deal included 3 mobile home on one lot.

They sell you the land (you may or may not need to put some cash down) and they carry a note in 1st position.

Purchase price: $63,000 Cash invested: $25,000 one of 2 houses i purchased from my handyman

Buy a few things on credit that you would just usually pay cash for.I personally would not rush into a Heloc or such.

Buy box: Location: Approx. 30 min drive to Boston Heights, for workNeighborhoods: Decent walkability score - not far from shops/restaurants/trendy neighborhoodsIdeal tenants: Close to hospitals/universities/schools for professionals/students/familiesBudget: $175-250K - Buying w/conventional loan, 5% down/ approx 20K reno.Property type: MFH 2-4 units - preferably side-by-side, with a yard we can fence for our dogUnits: 3+/1+ - better if 1.5/2 bath per unitTimeline: Plan to live there for 2 years, but possibly only 1 year if we find another investment opportunityGoal: Focus on appreciation - would like to see cash flow in year 2-3 (the year we move out), including overhead (Vacancies, Maintenance, Utilities) and budgeting in PM if eventually we don't manage ourselvesValue add: Opportunity for some forced appreciation, but not a full reno - cosmetic upgrades and updating kitchens/baths while we live in one unit.

Purchase price: $65,000 Cash invested: $15,000 3 Bed 1 Bath 927sf What made you interested in investing in this type of deal?