There was a disconnected phone line, no website, people living in motorhomes illegally and only about 50 percent occupancy (some of those people weren't paying).

From an investment standpoint this reminds me I believe of a Bill Cosby story line I believe.  

I can see in that one pic that you could use a bit more artwork on the walls.

@Jay HinrichsPre-reo was owned by AHP servicing (plenty about them on here), this platform was homes that had yet to be foreclosed on (I think they were reverse mortgages) that they would sell and manage for investors.they would also finance it at 12%+ rates.

Cody,If you want to work with a bank or lender to build on a piece of vacant land you will need to be on title of the land for at least 6 months.

1. 380k2. 280kHe wants to spend $350-400k on primary.

So I am not saying that lease options are illegal or scammy.

All content is available online and is not worth 10K.

What’s the guess on what happens there? 

Is a $300K profit on a flip possible ?