If it has gold below the surface is it worth more?

Finally, no matter what type of property, hidden stuff can surface when you rip open walls.

Here's a better deal, at least on the surface with doing zero due diligence on it or seeing either property, than the one you described.

He's agreed to keep existing financing in place until I refi and cash him out.On the surface it looks like I got lucky, really I took action, found a motivated seller and leveraged my talent. 

I think I've been reading for days, and barely scratched the surface. 

I just made that up off the top of my head, but you can see how those four wealth builders can combine to themselves in odd ways to make a deal that sounds bad on the surface work or take the shine away from a diamond in the rough.

You need an attorney to help you in OH - I have one, PM me - on the surface you may be able to owner finance the property and work terms for a buyers favorable to them on the interest rate, mo pay, and term but not the price - In the future, pull a title report or a O&E report at a min - good luck 

Bear in mind, the issues pointed out here in Bill's, Doug's and my post are only high level interpretation and much, much larger issues will likely surface as more details are looked at.

Matt Markel,Thorough property inspection can be the difference between success and failure.You must go beyond the surface numbers to determine if the subject property is a good investment that falls within your criteria of risk vs. reward.

The deal looks good on the surface, which is why I am seeking advice.