Namely, Cedar Crest and South Dallas / Fair Park.

I'm going thru the credentialing process and they're currently asking me what Fair Credit reporting act (FCRA) system I will be using for decision making.

@Bob Malecki What if during the loss mitigation I let the bank know that I have a party interested in buying the note at fair market value?

@Tyler Bodi 40216 is a big area and depending on where you are at in the 40216 this may be a fair deal or a not so good deal.

I thought it was pretty fair but wanted some opinions

Any offers based on fairness, generosity or sense of duty will be turned against you.

With a little education and a fair amount of time you could have something awesome.The other route is for a “paid” version like Quickbooks.

You are not violating Fair Housing Laws, and filling the vacancy with a more qualified tenant (if you can find one) will save you countless hours of time and a significant amount of money in the long run.

Still in the early stages of conversation but got some beginning information and wanted to see if this was worth pursing:Asking Price: $550,000 (I already assumed that was too high, trying to figure out a reasonable price to offer)Income: $4000 a month (believe there is potential for rent increase (waiting on specifics of each unit))Expenses: $900 a month (Water, Garbage, Taxes, Insurance, Maintenance, Pest, & Septic) Self- ManagedNOI: $3100 a monthCap Rate: 8.72%Stable TenantsDoesn't need major workGood Area, Decent SchoolsQuestions:1) What is a fair win-win offer?

That is a violation of Fair Credit Reporting Act.The subject (tenant applicant) can pull their own report, often for free, definitely for free if credit was a determining cause of their denial.