I am a newer investor, so please take my advice lightly.As you are trying to contact the owner, consider running the numbers a few different ways, as an educational exercise.1) Blade / RebuildMake a few calls to get an estimate for blading the current house, and then do the same for a new construction that would fit well with the neighborhood comps.2) Rehab CostIf you have a friend that is a contractor, buy her / him a nice lunch and go tour the property together.

Assuming proper notice to the federal taxing authority, they are always senior with right of first refusal that will expire in approx. 120 days if not exercised.

His posts clearly show that he was distraught and distressed, and people feeling like that don't always exercise best judgment.

They are actually looking for the magic beans and probably own a whole bunch of virtually unused exercise equipment as well.

Although 6K a year seems high, here is what is included: cable, trash, water, amenities (pool, exercise room, parking, etc), as well as hurricane insurance.

A very good exercise is to track where you spend every penny for a few months.

It's kind of like when people say go ahead and switch your mortgage loan from your name to an LLC, because the bank "probably won't" exercise the Due on Sale Clause.

This includes a duty to exercise reasonable care and skill in working for the client, a duty to be honest and deal fairly and in good faith, and a duty to disclose all facts within the agent’s knowledge that materially affects the value or desirability of the property and of which the client is not aware, or that the client would not become aware of through diligent attention or observation.As discussed below, a dual agent, attempting to act on behalf of both parties to a sale, risks violating the fiduciary duty to act only in the best interest of one client, because the agent may have to balance the interests of both clients.Pros of Using A Dual AgentHere are some of the positive aspects of sharing a real estate broker with the seller:Using a dual agent can streamline the transaction.Many agents feel that when a buyer and seller are both working with the same agent, forms and documents can be prepared and signed more quickly, and offers and counteroffers can be communicated more quickly. 

Try not to tie-in substantial lessee improvements with the option exercise.5.

Tenants know I do a series of other maintenance items on the same trip.This is my basic list.(1) Replace AC filter.(2) Bleach AC condensate drain line.(3) Test thermostat and replace batteries if necessary.(4) Exercise ALL shutoff valves - kitchens and bathrooms.(5) Inspect and feel around under sink drains for moisture and leaks.(6) Open toilet tank and look at the tank bolts and overflow tube.(7) Test garbage disposer and throw some ice down.(8) Test smoke and fire alarms.