Hassle free tenants by culture.

I am looking at renting the master suite out and stumbled across someone interested in renting a room part time so might also rent an additional room like that to them if we can figure out a price that works.Then I ran across a FSBO in a great rental area...

I ran my numbers and my offer was under $100,000.

No dealing/trafiking convictions within 10 years (recidivism, typically repeat offender conviction, invites criminal culture).

@Eric Michaels   was their a PPM offering document that spelled out what the BP could do or not do.or is this a LLC with them as managing member and all you  investors as members.If its the later I ran into a company that sounds a lot like this.. and when I queried how many members could be in the LLC they obviously did not know and said 100 if they wanted to.Well this is simply not correct you have security issues here ..

All the numbers I ran as far as holding costs, were calculated for 6 months, assuming 2-3 in rehab, and 3 on the market just in case.

So I am in a unique situation currently because I don't own a home and live with my parents (common cultural thing for South East Asians) and now they are moving to Virginia but aren't selling this home.

I ran through some numbers and it isn't a good buy not as personal property neither as investor if you consider Cashflow.I however offered the owner if he would be in interested in doing a 0% down with lease to own option for 1 year.

I found out afterward when I ran into her a couple of days later.

I hung my hat with KellerWillaims simply due to the culture and honestly the proximity of their local office.