Many times people in these situations do not want to sell, so when a buyer gets a person ready to sell it is a motivated seller.In these situations the person in any of those situation mentioned above may have more debt on the house than what the value of the home is, or the value of the home after rehab and purchase still will not give the investor as much return on their money that would make sense since there is not enough equity.

Comps around $90k-$110k, and could rent for $900-$975 easily. 

I want to return for another listen of the podcast of the gentleman that started buying multifamily properties after being a bill collector and an Alaskan fisherman.  

Retails for around 28,000 easily.

Not easily done remotely.

You can read about my lessons learned on the other ones here:https://www.biggerpockets.com/forums/223/topics/217842-closed-on-250-apartments-in-houston-texas-yesterday-2-lessons-learnedhttps://www.biggerpockets.com/forums/223/topics/294621-closed-on-155-units-in-houston-yesterday-3-lessons-learnedhttps://www.biggerpockets.com/forums/223/topics/316836-closed-on-320-unit-last-week-6-ways-to-break-into-the-bizThis analysis looked at the investors who invested, in particular, looking at if they are new or returning AND how much each (new vs. returning) contributed to the total raise.Here’s the finding on this deal: 69% are new investors31% are returning investorsThe interesting thing I found is that the % capital contributed to total raise was almost split 50/50.

I saw the tax return I/E report owner sent me.. the income on tax return seems to be much lower than the report sheet he given me...the broker stated sometimes there is cash rent transaction between tenant and landlord that not showed up in tax return...how can I vertified this?

As long as you can access it easily, it is good as cash.

Hey gang,   I was just looking for a bit of advice on how people handle return mail.

Because your principle and interest payment is probably hovering around $2,800/month, not including property taxes and insurance, maintenance and any allowance for capex.But forgetting about cashflow, your return, even if had NO expenses or payments of any kind would be around 3.6% based on a valuation of $1.3m.