I find the older properties to be a unique niche as it takes a decent amount of knowledge to develop solutions to some of the issues these older properties bring up.

Weeds, bedsheet curtains, screaming kids at all hours - I'm not sure what the solution is.

That is a slow route but if done correctly you don't need your own additional cash for every deal.Two other possible funding sources are a business line of credit (once you've built your business and develop a relationship with a lender), or find a private lender to provide acquisition funds.In sum, I don't see a method of obtaining a conventional mortgage on investment properties in need of rehab.There's a networking group meeting tonight so maybe someone there knows the solution....Best of luck. 

As long as the money is still on the table, and you're still in the game, you haven't lost it...it's just in a different pile.The actual solutions as I see it, is just buy the house from her for what she owes...don't make it more complex than you need to make it.Joe VilleneuveREcapSystemA2REIC

I have found the simple (not free) solution is to have a good business insurance (General Liability) because it covers legal defense and many other things about your business, including injury etc... 

I monitor and hire subs to do the work. 

I'd like to add that we are really only looking for positive solutions to hold on to the property as an investment.

I am CEO and REI of Jazzed Estates & Property Solutions LLC, a Real Estate Redevelopment Company.

I recently just started looking at some solutions and there are many...  

The large commercial projects in the pipeline are huge and large new projects being announced regularly so we should see this get back to normal or better in 12 - 24 months.I don't monitor the outlying counties as much, but they still look depressed.