Why the owner of the 11 units (Regardless how wealthy he is) is willing to take such loss and is so eager to sell?

I think that in the most needed geographical areas, the amount owed is so greater then the current value and the ability of people to pay had shrunk so badly, that it is hard to qualify.

There is so many ways of doing it, it can get mind boggling sometimes and hard to understand it all.

Also the party bickering is so beyond old it's not even funny anymore.

Technically it has three bedrooms, but one of them is so small only a baby could use it, and the other two are only average size.

If so, I'm wondering if the constant search for new tenants is so much of a time/cost hassle to outweigh the cash flow?

There is so much to learn and I am sure that you will find a multitude available for you on here.I want to personally invite you to Snatch your FREE copy of the E-Book, How to Make $10,000 this Month in Real Estate with No Money or No Credit.

Are any of the parents doing things differently with their kids or grandkids if the education in the US is so bad?

Sure, I could do all that in numbers (excel), but it is so slick and easy to use, plus I didn't need to do anything but purchase it, my time is valuable too :DPS - I just whipped it out and used it to secure a new client for my REI LLC by showing the stats on my previous 3 deals.just sayin :-)

Or you can also go out there and find a cash buyer and then just make a $5-10k wholesaling fee.Also, if she is so far behind, then $45k is a more realistic offer if that.