You'll find that some of theory conservative ones will discount their underwriting to use market rents, but you should be able to find sufficient interest using the actual in place rents.

If someone is burning with anger and rage a piece of paper sure the heck isn't going to make for a sufficient hedge.I had a couple/tenants that were in the same situation.

That's owners choice and timeframe.

@Adam Demchik I would think the choice of custodian will depend on what you actually want to do with the funds.

That way if one goes bad, you have the choice to default the other one.

But you don't know that until you confirm that she does, in fact, have sufficient powers.

You can always have them sign something stating that you have advised them to do this and it is their choice, that would show that you were not trying to coerce them into a bad deal.Regarding step 5, I would never have the buyer sign the contract first.

It would have been cheaper to buy him a bus ticket to the town of his choice, give him some cash for his vacation and bid him farewell....although from the sounds of it, this guy would have preferred to continue on right where he was...there is often no way to reason with mental illness, drugs or just plain stupidity.

@Adam F yeah definitely was NOT on my career choice list. not hard feelings for my dad as he was doing what he could to take care of his family, but I would never take a job I had to be away like that unless it was last option.

Getting my Real estate license I feel is the obvious choice for my long term goals.