You can loose it all in a Market Shift.

Not only are you going to loose money through vacancy, but imagine what the cost is going to be to prepare the property for another tenant.

Don't mistake this for loosing sight of the number, just don't make it all about numbers.  

I like that thought, and yes, I stand to loose a profit if I don't do this and yes, the flip should work fine and a plan B is in place as well.

Taxpayers would pay the price.Whatever the resolution, ITT's closing is bound to be a major inconvenience for hundreds of students.Brian Langford, an ITT student from Riviera Beach, Maryland, revealed his frustration Tuesday in a post on a Facebook page for ITT students."

A PM won't see a board from the roof of a house that has come loose that could fall in a tenant and seriously injure them.

So I can make an offer like I'll give you $35,000 to over the papers so he doesn't loose all $70,000 after it forecloses and he walks away with $35 G.

Two side notes:  A)Realtor is representing both seller and buyer.B) I have a feasibility clause in the contract that loosely states: if the numbers do not work, I can cancel the contract.10Q in advance for your advice,Km

Remember, if they have leases then you can't force them out just because you purchased; leases run with the land so you are bound just like the previous owner.

For a couple bucks and a small amount of time I produce a bound and tabbed document that showcases my properties.