According to that ad, which of course may not be reliable, the house rents for 850 and is in move-in condition.850 - 365.54 - 149.42 = 335.04/month profit (minus whatever other expenses I may be missing here.)If you go back and change that mortgage to a 30yr, at 7%, your monthly payment drops to 254.48, so your profit rises to 446.10/month (again, minus whatever additional expenses I am missing).Not a ton of cash but not a ton of work either, and presumably the value of the property increases with time and you build up equity in it without ever paying the mortgage yourself.So why is this such a deal and why hasn't someone grabbed it already?

"These sulphide gases are also alleged to cause serioushealth conditions and illnesses, such as shortness of breath, dizziness, headaches, fatigue, insomnia, eye irritations and respiratory difficulties.""

Folks,This is not socialism anymore.

Here are some resources you may find helpful:- Section 8 Resources - resources & info- Social Serve - section 8 housing & listing database

Even with the low number this deal has potential depending upon the condition of the unit.Some basic questions that I have would be:1.

They have all sorts of groups across the country, both business and social.

There are so many places to post it up online in addition to social marketing, you can easily get the home sold without working an completely new website for it, not to say it would not help.

This could potentially replace social security with a Federal 401k.....

What is the condition of the property?

What was the difference between these two properties, in terms of location, condition, size, etc?