@Kerry Baird Your story really excites me because those seem to be the biggest obstacles I'm currently facing - how to actually complete a transaction while abroad.

Did anybody face such situation and how can we avoid it.

The bare minimum banks are going to want to see ask you scale up would be about $20,000 plus six months PITI on a new loan.

In no way would I ever try to take advantage of a seller in that way, but when we first met at the property and she began telling me her story, she became choked up and tears streamed down her face because she had no idea how she was ever going to get out from under the weight of that property.

The last lady was tweaking so badly she could barely make it up the stairs.

I would sell if it did not cash flow +100/mo at a bare minimum.

A good closing agent takes a signed document and turns it face down after it's signed in the file, two things, that keeps documents in order of signing in the file and prevents other people from reading the document.

We've never had the pain or pleasure of facing a judge, depending on how you look at it.

And there are plenty of deep pocketed investors out there who will listen to NPR's upcoming This American Life piece on the slumlording professor of Mobile Home University - and instead of wrinkling up their faces in indignation, will instead salivate at a potentially discounted investment class.He appears to be an adherent of classic deep value investing - going back to Graham, and currently espoused by any number of value adherents, perhaps most cogently by Seth Klarman of Baupost Group.The classic value play is to patiently sit on the asset until the market recognizes its true value, the asset price rises (ie cap compresses) and you unlock the true value of the asset you bought so cheaply that you had the "margin of safety" as Graham put it, and Klarman titled his legendary book.But rather than wait for the market to recognize value - Rolfe is trying to teach the market.Rolfe doesn't believe in buy and hold forever - he wants to unlock value and appears to really believe his assets deserve lower cap rates than they are given.I think he is probably succeeding in helping to single handedly move the market.

...you can also make a complaint to the real estate commission...tends to get their attention and according to my broker, the agent can face penalties.Elio L.