He immediately initiated foreclosure proceedings.  

Seller agreed in principal had his attorney review the P&S (same on @Justin Silverio  uses) and told him not to sign it.  2 objections the low initial deposit.. that's no big deal.  

On my most recent purchase (1.2M at 25% down for a 3-family) I'm taking in gross rents of $8600/mo (which is below market rate due to signing initial leases mid-winter) but still have a monthly net profit (after all expenses including capital reserves) of roughly $2k, so an 8% return. 

It seems like a bot that will respond to the initial email within 24 hours after emailing them back.

His initial asking price is $325k, equating to a cap rate of 17.85% [($84060*.69)/$325k].  

Hi Sean, Having observed a number of successful people I would suggest that you make two initial investments.

p=6876Acquiring assets before full foreclosure has been initiated is the focus of many wholesalers and flippers.

Congrats on showing the interest and initiative to post an intro on this site.

Is there a certain amount of cash flow that you want to achieve coupled with your consulting earnings and social security, are you looking for capital preservation, are you looking to continue to build wealth to hand it down to your children, relatives and charity, or all of the above?

I do the initial property inspections and send details about the repairs, comps, and lots of photos.