I looked at apts for rent ads that sat to over a monthThen I called and asked if they would like all their rental headaches gone.And talked to them like a friend asked if it was easy Then said I would be happy to take their problems away as I was young with tons of energy to do repairs, evict bad tenets etcAnd all I wanted to do was pay them a set amount   Each month as opposed to the up-and-down rental situation that had gotten themselves into Believe it or not the conversation can Flovent Easley back-and-forth them finding out about me and me finding out about them and what they're able to do and want to do

Rarely do we run into a situation where I must bill them for damages beyond their deposit.

None of the scenarios apply to my situation that would qualify me for the no waiting period. 

I would be very hesitant, that's a very risky situation

However, that was in a foreclosure posture and not in a situation where we were trying to get payments.  

We recently did a full rehab on our kitchen and considered this exact situation.

For those investors who are married and/or have some type of experience with this situation, what do you think would be the best course of action?

@Brent Coombs @Todd Dexheimer Maybe if I  give a little more info, you'll see that her offer complicates the situation.

There is only one situation that I can think of where I would even consider a tankless and that is where the current water heater location is no longer suitable (i.e. you need the space, or there is some safety concern).  

I have also come to find out that the owner has living relatives that may not be aware of the situation (since it is going to foreclosure).