However, I'm thinking with the recent riots, investors are a bit gun shy here and I might get a low ball offer accepted.  

Montana (Billings) was a bit like Rapid City when it comes to Real estate and trying to get the ball rolling.

Had a tenant do this last year and it was a ball ache.We won't sign up for their landlord program as the small print makes the landlord liable to all debt on the account.

A bank may exercise the due-on-sale clause if you enter into a lease in excess of three years.

The issue is the timing,and getting the firm conducting the sale for Fannie to play ball.

So I've talked to the owner and I initially low balled her with a cash offer (in addition to paying the back taxes).  

Obviously, unless the numbers are just so overwhelming good at the low ball offer then you can get it appraised later :-)

if it is a private seller and not a bank you will probably have better luck with a low ball offer.

Tim Ball Hi Tim.That would be greatly appreciated.

It's more of a crystal ball thing than checking off the qualification check list that RMLOs are trained to do.RMLOs can't do third party originastions due to their employment status of having to operate under a registered lender, a brokerage, bank, etc.