i manage several multifamily in that neighborhood and area give me a call if you want more info

I lurked in the forums and listened to the podcast for several years before making the leap to buying my first property.

Well water in good Standings with the local Health Department and a septic system that appears to be in working condition.

It's been up for sale since 2009, and the price reduce several times from $199,000-$163,000.

Seems like your COCR would be pretty good especially since there's been Capex and repairs made over the past few years that you probably wouldn't have to do for several years...

You will need to follow up regularly to insure they are staying on track.Back in the old days of rent to own the upside for sellers was in renters failing to buy allowing the seller to rinse and repeat several times keeping the DP and principal each time.

Best of the Bay for several years. 

I am evaluating several commercial real estate deals involving medium size apartment complexes near some colleges.

I just received the last month's billing (10 days late no less), and they put through several under 250.00 "charges" for cleaning supplies, which they stated as usual cleaning supplies, but's it's never been charged in the last 3+ years I've used them. 

I forgot to say that we tried to buy used mobile homes but after several attempts with the county we gave up, they only want a "doublewide in pristine condition" in the county.