@Greg Atwood Have you physically put eyes on it and seen the neighborhood surrounding as well?

Some say that it is just a formula used to calculate depreciation, it has nothing to do with the actual physical life predicted of the house.  

But we have a need to address not only physical needs, but psychological needs as well.

@Dustin Dummer Issues: 1) Is she sick physically and moving into assisted living?

Everyone  knows about physical vacancy, but many new landlords forget to consider the more insidious problem of "economic vacancy".

bust  that was more minor.... then the grand daddy of them all 08 GFC... were much bigger and capable investors than myself lost it all... was a sad time really.in GA 450 banks went under... those mainly local community banks owned by the locals.. sad deal those things. but here we are and things are good again so its make Hay whilst the sun shines.. but like I tell most folks RE to me is not a job its a lifestyle... and retirement is something I will do when I can no long function either physically or mentally  :)  I have no desire to be retired.. or stop investing or working.I really dig what I do.. almost all my business partners and vendors are late 20S to early 40S I just love seeing them take off and being able to help them with their business's...

My experience in Kansas is that the Deputy Sheriff will only physically evict the tenant, you have to keep him out.

Thanks Ronald and Ken,No, I didn't send a letter, other than countless e-mails showing the squalid conditions via photos (also sent to the property owner, as well), but not an actual physical letter.

Start by doing some doodles with a pro forma to determine if you have a viable deal on your hands and if so, get a rough set of plans together to see how the project physically works and if it holds up financially and confirm that it can be permitted in a way that meets market demand.Feel free to contact me if you need/want more direction.Good Luck,Barry

Is it ok to email the agreement over to my seller, physically mail, or some other way?