The description talks about the buyer assuming the Point of Sale, so I would assume there's a decent amount of violations on there at this price, but if not, it looks like a pretty good deal. 

“How come my tenant was awarded my property as compensation after they were injured falling out of a 20 foot tree I told them they had to trim?”

@Wesley FryeWhat’s the expiration date of the contract?

I’m looking to team up with two friends who are eager to move out of their parents’ homes.

I have a couple of MFs in AL, some in Birmingham. 

Tons of helpful people and resources here, so you’re in the right spot.

I’m not too sure what a good cash number looks like, so please let me know if I should consider rehabbing first to build more liquid cash.To my understanding, I need to have all of my profit margins in place before even considering buying a lot.

Once I got over the idea of giving up my low rate, it made a ton of sense.In my opinion, letting the equity just sit there isn’t justified by holding onto a low rate.

Best of wishes, Josh

The amount of the EMD only matters if you don't actually plan on closing.