Prices are high which makes it a tough market to enter but if you have the funding and find a solid deal, I don’t see why you’d pass it up! 

That lawsuit is a claim for fraud, and that’s what fraud typically is...a misunderstanding and someone being “injured” and wanting to hold the other responsible for it.

I am thinking of making an all-cash offer to purchase a SFR with existing fire damage in the kitchen at a price well below market value The property is in otherwise solid condition and in a great neighborhood.

I am a long term buy and holder.I started with 30 year mortgages, but later refinanced into 15 years, and some 10 years when the government adopted the "Home Affordable Refinance Program" (HARP) at very low rates in response to the great financial crisis.

This post applies to responsible, competent, qualified Appraisers.

But I also don't want the responsibility of paying for monthly monitoring/wifi, etc or tenants wanting to look at video, etc. 

I am thinking of making an all-cash offer to purchase a SFR with existing fire damage in the kitchen at a price well below market value The property is in otherwise solid condition and in a great neighborhood.

My deal details below.Location: Midwest, mid-size town with a number big and small companies, hospital, heavy summer tourism.

So they get a lump sum and continue to get their “Mailbox money” as if they were renting, only they aren’t responsible for repairs or tenants any longer.  

Thanls for the response.