I continue to work on my mental game but in the midst of growth, I can see where my employees are paying for themselves, which is where I spend my thinking. 

Our rental we canvased the neighborhood and had a ad or two and a number of applicants then the best tenant was the single call from the little 1.00 sign we had in the window - go figure.It is definitely a harder time of year but if on the fence the lack of income will encourage yah to relax the rate some ;-)Just do not get yourself mentally in a position where you will accept any tenant as a bad tenant is way worse than no tenant.Good luck!

I’ve generally found that if using seller financing, there’s a price vs terms mentality that many investors adopt.

Circumstances should be something real like health, financial change, divorce, death etc.The properties I have seen change purpose have never had a loan called due etc that I know of but you don't want to be that one case someone decides to chase.Lenders seem to have lots of data anymore, we see them watching utility billing etc to determine occupancy.

this is for your health!!!).

He can treat himself as an employee of the new management company and yes he can use it to supply his health insurance etc.  

(only applies on 3-4 units)- do you have 3 months cash reserves after down payment and closing costs (unless if you're getting a huge lender credit to pay all your costs) - only applies on 3-4 unit properties- health and safety issues on the property?

@Ahmed Souissi, Yes check the title, but since the former owner has already mentally given the place up, prepare a quit claim deed (simple one page), and ask her to sign it, so you can clear up issues remaining from the bankruptcy.

On one hand you might be doing them a favor by urging this couple to confront her declining health and consider an assisted living arrangement or possibly moving closer to a supporting family (maybe the kids?).

The wife is ready to sell for a very good price, but her husband has been in the hospital in very poor health for a few months.