A purchase agreement is a waste of time and energy and complicates the issue for Harry Homeowner.This is not a beginner strategy as there are federal laws concerning approaching debtors who have been given a notice of foreclosure.

I see some conservative areas here who would traditionally support private property rights coming down heavy against STRs.

So when my 90 days was up, you would think he would notice & keep working with me to get a deal done, right?

I noticed this thread was updated around nine months ago, and I stumbled on it today while poking around for info on Opportunity Zone Funds.

Here in Orygun they dont allow bond issue for private development so yes if you get stuck with some major offsites its up to the project..

All is not lost, if you can find a seller of the apartments who is alos willing to finance the purchase for you;  Or look for a private/hard money lender.

I recall reading in Forbes that major foundation fixes can add surprising value, becuase it addresses the single biggest fear buyers have.. a shaky structure.From my three decades in fix-and-flips, Ive noticed how important it is to have a team you trust.. from attorneys who know probate deals to realtors willing to drive for dollars with you, scouting hidden gems.

(Go ahead and spend the few extra dollars for the quieter fan; then the tenant won’t notice it as much.)

Quote from @Marshall Robins: We can go up to 50% LTV as a private lender for what it's worth.

Please notice that on my post I did not disclose addresses or anything that shows the real property.