Their service guy e-mails me repair requests over $200 or receipts under that and actually sends itemized turnover expenses complete with lowest bids for carpet, paint, etc. as soon as notice is given for a vacancy.

They won't even notice the smell!

You can go a short sale route, might negotiate a lower payoof or purchase the note (covered here on BP) and then have the owner give you the property, maybe with a little cash to them to boot, or wait for the foreclosure.One caution, you can approach someone who is late on payments, but once notice of foreclsoure is sent to the borrower new rules apply.

Hi Daniel,I've noticed 'out there' that the good ones go fast, and cash moves it faster even in Worcester.

They receive collection notices from their lender and probably their car loan, credit cards, and who knows what else.

To me, it seems like they should give some kind of notice, or at least I should have seen a contract when I bought the building and read that - but I didn't.

If you give them too much info up front, I believe it will decrease your actual response rate.

Sam, if your offer had a 72-hour deadline for acceptance and they exceeded it, they probably assume you don't need notice that they didn't accept it.

Brick building with a newer rubber roof and a carport in the rear that could use some work.asking - $105000 (price has steadily been decreasing...thinking more in the range of 85K to 95K)Each unit rents for $395/monthThinking of a 15 year fixed mortgage at 3.5% 25% down property taxes - $3500 / year Insurance - $1000 / year Management fee - 10% of total rents (monthly)I ran numbers and am on the fence.Any input is much appreaciatedThanks

I was in a closing situation with every aspect of the loan a "GO" when they just happened to notice the home was a MH.