You might be better off using an eviction service.They will be cheaper and go to court for you and handle the trashing out and serving of the eviction.You won't find an attorney getting dirty they will just shuffle papers and show up in court.In fact I have had judges rule against attorneys and enjoyed our cases much more as we were on the ball.Some attorneys feel "special" just because they hold a law license and are below par in their performance.I tell them the eviction is filed regardless of promise of payment.I tell them you can always pay at the court hearing and I can drop the case.If you don't you will get stories like I can pay you 600 and get caught up this week and then you hear stuff like I only have 300 because such and such happened.Then they get further and further behind.They need to pay me in full and go cold with the utilities,or do without internet,cell phone,cable..

Im offering 20k below list price. and yes can't get a loan because of max properties financed

Below $800 or so, it's probably wasted money.

Listed below is a summary of my financial and credit profile: Income/Savings:94K annual income (58K from primary employer + 36K combined from part-time work)20K in savings and have an additional 20K towards a downpaymentCredit scores: TransUnion 649, Experian 665, and Equifax 637 as of 12/10/11; credit simulator claims that my scores should jump ~20 points if I pay off my credit card balancesDebt:About 3K in credit card debt; all currentAbout 380K in student loan debt (majority from medical school); but all student loans are current and in deferment.

Charlene,If you are not renting a property for profit, such as below far rental value to a family member, than you can not deduct any of the expenses for it.

That's gonna cost ya :) You can, however, save money by negotiating a below market value option price and superior lease terms.BTW, how's eastern NC?

You either need to buy significantly below FMV... buy in an area that expects very high appreciation... aggressively pay down principle... or be prepared to put 20% down on your next Owner Occupied home (i.e. non-FHA).

I live on a lake in the northeast - so I get the sun reflection from the lake all summer long, then we get below freezing in the winter.

I'd get a better handle on the potential rent because it might actually be lower.

Knowing that, most realtors list the property below market value trying to quickly get an offer to at least get something in front of the bank and get the ball rolling.