The property manager's mother (79 years old) is still doing the building finances and is getting tired of it.What I was able to gather was this: 3 out of 4 tenants are long-term tenants, the property has been on the market for a LONG time, and this measly 80k building was worth nothing to a multi-millionaire in California who is just wanting to get rid of his property.As a result, I offered $45k just to see if it would be entertained. 

The individual determines whether or not value is derived from the program.Guru bashing seems to be a sport enjoyed by many on this forum, and I must admit I sometimes find it entertaining. 

I am a fan of big cities, all night eating and entertainment, etc.

I’ll read all the reports in their entirety, but I generally don’t even entertain things in the 650 range at this point. 

, was a guest speaker at the Orange County Investors luncheon a few months ago and he was delightfully entertaining and informative. http://www.socalreia.com/Any more questions, just let me know.

ahhh, Josh..It's good for entertainment purposes...No seriously for any "newbie" this is EXTREMELY valuable as why you DON'T close if the sellers haven't physically vacated.

So, it looks like they would not be as motivated by the foreclosure as I thought.The price they are asking for the property is still not a bad deal given what similar properties have sold for, but the fact that the long time tenant would be leaving with them, plus the fact they want a cash deal, it's not something I want to entertain.

That would be very entertaining.

Lets put this perspective first off....Your taking about a multi million dollar real estate firm that works very heavily in your area (central CA) and many areas here in CA as though they are the ones that are idiotic and dont have good communication skills and they dont have good deals...smh.....But I know where this is headed and i just cant entertain it...

Sorry about the EXTREMELY long post everyone, I hope at least the drama is entertaining enough for you to read to this point