Remember, our main goal is to get this under contract so we can make other buying and business decisions.1) We'll give him an 11% earnest money deposit.

This question is mainly for people who own rental properties and have dealt with very good tenants and very bad tenants.

Before he got all the way into his new place, some issues arose and he actually contacted me and asked if he could do the owner finance option, which I agreed to, mainly to have his signature on a legal contract with some type of recourse.

Replacement cost, as Joe mentioned is a main driver and driven off of type of construction (i.e. frame, brick veneer, masonry, etc...), type of building (ranch, 2 storey, etc...), size of building, and zip code (labor and material varies depending on location) but there are other variables that are considered as well.

@Matthew Cox The main person you will need to be successful is a great cleaner.

The same day I also had someone installed a keypad lock on the main door to the apartment building.

My main question is out of those 3, what would be the best option?

I believe that is John's main issue and the source of his claims that wholesalers are scammers.

Train tenants to know when the main shutoff valve is.

Hey guys,             I wanted to start a little discussion mainly to educate myself, build some self confidence from others more experienced and hopefully continue a road map for others like myself.