The insurance company will send you notices if the policy goes unpaid or she attempts to change it and lower the coverage.

We attempted the hi-how-it's-going approach, and that caused us to be nearly physically kicked out of her property, followed by two police cars that she called in on us.

Given that they haven't attempted to foreclose means that the seller has been paying the original note.

The first floor is a body shop/used car lot and the second floor is a 3 bedroom 2 bathroom apartment.

With these updates I am confident I can get the ARV to around 400k.Now to the seller financing structure:purchase price- 300ktaxes- $900insurance $100Over 5 years (60 months) make monthly payments of $1,000 (60k) (Assuming 0% interest and 0 down payment being the wonderful grandson I am)I attempted to use the rental property calculator to analyze but this deal is a little out of the ordinary.After those 5 years do a cash out refi to pay back the remaining 240K and assuming it will be valued in the 400k range I could pull out some more equity to buy more properties.I plan to do the renovations within the first month and getting renters in there asap.

In reality it is just another attempt to make a little more.

End if story.Then, I would file an eviction notice to tenant for failure to bodies by the lease agreement and get her the hell out of there, Baird it clothed.

I'm just starting out so I plan on using contractors for the big jobs, light rehab and cosmetic work I will "attempt" to do myself. 

I am working with a friend who majored in marketing to attempt to learn wholesale as well, but that may be further down the road.

The utility makes an valiant attempt, but comes-up short.I suspect this is a result of the underlaying dataset being used {Google?}.