Here is the logic I use when explaining it to my brokerage clients:Lets say at the time you list the property, there are 1000 people looking, and a new 100 people every day.

He said he would go over and explain a police report was filed and this is a warning and the next time it happens they would have nice new shiny jewelry to go on their hands.

I have explained this many times on this site.4735.01 Real estate broker definitions.

After explaining the above issue, the bank financed the property for me.

As politely as possible, I explained the winter had been very costly for everybody.

Most people don't do it that way, so kudos to you.But you were asking us what to do with the property, and I was simply explaining that given the information you gave us, and without knowing if it was move in ready inside, I would suggest you move on.

Can someone explain to me about buying a HUD Home for a $1.00, I saw that at the site but I can not find any explaination for it except that if a home is listed on the site for a certain amount of time HUD will sell if for a $1.00, thats about all I can find, of course I am sure its a home that is either to small or is in need of some serious TLC, but can someone care to eloborate please?

He begged to take me to lunch and he explained he wanted to lend me money.

Should I write a letter to the tenant explaining all this so that I have proof if anything was to happen?

Please read my profile and it will explain everything that I do as far as investing here in the Dayton area, maybe we can work together on some deals for you for cash flow properties as well as a couple other ideas i have in mind.