That's a 2 bed 2 bath 1350 sq ft on 1/3 acre, 1/2 a block from the river right where there are a lot of recreational activities.There are simply no renters out there, no matter what the rent price is.

If they are simply showing you the property, and not putting any money into it, they may have a different view of the quality of the investment.

I always tell my investors it is like playing Monopoly you have to have houses on every side of the board (different markets) to win the game.

It seems like a win win situation, they don't loose their credit, you get a property for cheap, you can give them some extra money that you didn't pay for the home as some incentive, and they won't tear the crap out of the house like most people do when their home is foreclosed on.What are the risks involved?

Are you simply relying on what the seller is telling you or do you have comps?

But I also think that you have to look at the fact that MS Gulfcoast in an area of not only tourists but like Florida a bunch of retirees and it is a functioning city (so to speak) it isn't simply a seasonal tourists area.Like you I also wonder how it worked out for the OP.

And shortly, I’ll show you how international preconstruction investing uses both income and growth principles in what I call “The 3 Wins” to give you 3 opportunities to make money.

So when I find a distressed property in my area, I simply find the owner do an analysis of the the deal to determine whether its a deal or not, put it under contract with a deposit, then flip the contract to a end buyer.........

Boy Lisa,It's just simply great having you here with us!

What happens if the seller simply will not give in and use the title company you prefer?