Tell your family and friends what you do to see if they are interested, if not start advertising your deal, if it's a good deal you will find cash buyers and most likely a private lender as well Another way is to run ads looking for private money  to score a good deal Good luck @Brian G.

It can be difficult to get your buyers in to see the property and usually landlords that are motivated tend to have problem tenants. 

You want your property to appeal to the widest array of buyers as possible, right?

Then immediately contact all the cash buyers you just found that buy properties in that neighborhood and tell them about the house and would they be interested in buying it.

Cha YangIf your buyers are buying at 80%, then yes.

Now that they know there is a problem they would have to work with you on the price or to disclose the problem to other potential buyers. 

These days the buyer expects higher level finishes in the bathroom and kitchen.Good luck!

If I'm the note buyer (in this example) then I could do what's called a loan modification with this person and agree to take past due amount and move it to the back of the loan, restructure payments so that current owner of condo can afford it.  

What would normally be a good return ratio in case to sell this property to a retail buyer? 

@Ryan McEniff based on my education and training when analyzing a deal I use the following for operating expenses: Check with the local area you are buying by asking the local experts, but as someone who is a real estate Broker in CA, our average closing costs on the buy side for a buyer will run between 2%-3% of sales price (most of that comes from lender origination fees). 10% vacancy (most deals I see when being offered for sale are between 5%-8%, but if it pencils with 10% I know I'm probably covered on vacancy)10% for property management (until I know exactly what the PM fee is then I would modify, but average is 8% to 10%)5% for R&MActual Property TaxesInsurance (Get quotes from 3 companies and take the average)Landlord Utilities (12 month average.