Upon arrival I noticed the curb appeal and thought it was overdone (of course, I initially didn't say anything to the owner).

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The problem is that you don't get an opportunity to do an inspection before you buy.If you buy pre-sale from the owner, you have arrears to bring current, getting the owner to move after you have solved their problem and taken the pressure off, along with the previously listed concerns.

Originally posted by Alison Robinson:Hello all,I am in immediate need of a Commercial/Residential Property Management Company representing owner-landlords on the South side of Chicago.

Hi, Anthony, yes, I have had a lot of trouble with DM returning incorrect data - wrong owner or owner not found, wrong or no mailing address, very few sale dates, and now when I filter on lead status, it does not return all leads with that status.

I've built relationships with property managers who have distressed properties in their portfolios that can communicate directly to owners. 

Ask to speak with some of their current owners and current/former tenants.

The specific property I am looking at right now is netting from PadSplit to the current owner  between $5k-$6k per month.

Lets start with when it does not make sense: Owner finance does not make sense when the borrower cannot afford the property. 

Eventually people die off and the homes go up for sale cheap, get abandoned and the park owner picks em up cheap and takes in the extra little bit of cash for the POH rental.