Section 8 said they'd only pay $980, so the tenant asked SAVE if SAVE could pay the difference of $120, and SAVE said yes.Something that seems a little strange here, though, is that I've heard that Section 8 wants what they pay, plus what the tenant pays, to be the entire amount of rent. 

The real estate market in Ithaca, especially in Collegetown near Cornell is VERY strange.

Seems kind of strange.

One side will cover your PITI easily unless the taxes in KC are strangely high.Do your research, as this place certainly looks like a good buy.Bring all the numbers back and I'll give you my financial view on the place:TaxesSewer and WaterTrashHeat/UtilitiesHOA/LegalCap Ex and OpsInsuranceMgmt FeeVacancy

That's strange that it's listed as owner occupied.

@Rick Harmon yes I think I can handle the conversation just that I feel funny when the person on the other side of the potential deal is someone I know it feels strange.

I did a driveby and I'd say it's gonna need at least need 5K to 10K in repairs.According to property records, he took a 30-year mortgage out on it for $47,000 back in September of 2000 (is it strange that it hasn't appreciated any in 15 years?).

I searched in Property Appraisers, property shark, and any source of information where i can find the owners current address or any type of contact info but all i get is that address where the house is vacant but obviously no one lives there, kinda strange but i would like to hear from experts on how you find property owners because im new to this and been trying to get my first deal under agreement to wholesale.

That strikes me as really strange. 

The area was very strange also.