That way, you develop a more extensive list of all types of Buyers/Investors as well as find more Properties and their freshly-convinced Sellers in every niche - by giving those Sellers MULTIPLE options!

If I ever decide to leave my corporate job I would consider flipping on the side as a way to keep my network fresh and generate cash for investments.Ultimately, investing is using money to get more time (freedom) and flipping is using time to get more money.

After listening to one of the BP podcasts I also uncovered Paynearme.comhttp://paynearme.com/en/businesses/industries/auto-lending/property-management/?

Offer to pay his move (with a max price) and  maybe offer him a 1k  to start fresh (only with the comdition that you successfully acquire the property).

Joe's brother-in-law buying Joe's house at a short sale would be a huge red flag for fraud.I think the biggest arrow in your quiver is #1, and your most probable path to success is to order a fresh appraisal with a fresh opinion of value, and once it comes back go to your (or the end-lender's) appraisal department (not the AMC, the lender's internal folks) and argue that the new appraisal is more credible than the previous one because of #1 ("if the appraiser didn't even go to the comps for a quick drive-by photo, who knows what else he didn't even actually do?")

If he moves out and leaves damage to the property, a fresh coat of paint won't help you too much.Personally, I'd treat "Joe the Painter" completely independently from "Joe the Tenant".  

Rent out your nice, freshly remodeled house for $1400. 

I'm sure there's also asbestos and many other "surprises" to be uncovered. 

While the title search should uncover any liens associated with the property, you also want the protection that the actual title insurance policy gives you in case something is missed.

Here are the costs to address the issues uncovered by these experts: 1.Wood floor and wall in the middle unit: $44,000 + tax + $2,800 for permit, but engineer report is needed for a formal quote.2.Roof above the middle unit: $8,000 + tax + $800 for permit + ply wood;3.Sewer line outside the building (see estimate): $7,365 total;4.Sewer line inside the building (see estimate): $21,663 total;The total cost plus 10% contingency is equal to $100,000 in repairs that I cannot afford to pay and still be able to fulfill my obligations to you and to the tenants that will have to be displaced for the duration of repairs.In addition, the appraisal came in at $275,000 that is considerably below the $340,000 number.Proposed solution: You will complete all the electrical repairs and ensure all three units are brought up to current code including the outlets.You will have the stucco repaired on the exterior that was damaged by the electrical proof.