If you uncover that answer, it may shed some light on the investment (maybe it's good info and it satisfies my skeptical approach)I have found the biggest three seller motivations (with landlords) are:1) Tenants are subpar and current owner is tired of managing (in this, you're inheriting headaches, eviction, and much higher repair costs than you expect). 2)  An estate took over and just wants to get it gone (in which case there is probably a back balance owed that needs to be flushed out along with a general lack of property knowledge). 3)  My personal favorite: the Owner bought via tax sale deed (and therefore does not want to be a landlord, just wants his investment + reasonable return).If everything checks out, it sounds like a great deal bud.  

As a matter of fact, I am ready to do my next direct mail campaign.  

OMG, I hate hate hate calling other agents, because I know it will go directly to voicemail.

Anyone have a recommendation on the most reputable trust company in Vegas to assist with on a self-directed IRA for real estate?

Sounds like you're exploring options, but feel free to connect directly with me.

Hey, I got 30+ comments and 10 or so direct messages of interest in my first apartment, an owner occupied duplex.

The rent will be a direct result of how much we update the property.

Property / Finance details here with comments below.Address: 2626 NE Multnomah St, Portland, OR 97232Property Notes: large basement but ceiling too low, could be zoned into duplex, gutters not attached, evidence of plumbing issues, backs directly to freeway, noise is very present, tenants don't mind noise.  1 squatterPurchase price 337kLiens aka Cash needed - 66kRepairs needed est - 10kRent estimated - $2,300/monthMy number crunch viewable at this linkhttps://docs.google.com/spreadsheets/d/1FJlTFIbInZ...I love the area for appreciation.

@Ryan Evans I am headed back to Cleveland on Sept 27 to check on my projects..We have a few light rehab projects there at the moment.

I think I have finally found the direction I want to focus on, which is the wonderful art of wholesaling!