Would reduce your risk factor for long term buy and hold.

It's only been on the MLS for 60 days.I have not seen the inside yet, but it makes sense that the cost to repair is too much and the bank doesn't want to reduce the price.

Kim  Kim,Please message me, and I would be happy to give you some information on property management companies, contractors, and how they work together to reduce costs to the owner to give you the best of both worlds.Thanks!

However, being specific about the apartment it self and then income qualifications should help reduce calls that waste your time.  

The choice is either to buy and risk all your egg under one tenant or reduce your risk and hope all four tenants stay. 

Had I financed the purchase price alone of $40,000 this capital cost would be reduced down to $104.52.

If you do decide to buy I would push back hard on the seller to reduce his price by some or all of the taxes owed.

I am exploring installation of roof top solar panels to a) reduce the utility bills (Owner paid utility situation), b) to replace an old roof part of this deal so it can be depreciated quickly!

To make sure we aren't sending too many emails, we are going to reduce this email down to weekly.

Rick,  was not familiar with him... that would be a lot of stress to be under.. that's for sure.it sure seems regulators are inconsistent with which guru's they focus on.