In this case - the encroachment affects about 3.5% of the property...so that could be a basis to calculate an amount for this (or as a basis for the escrowed amount).Now - I also know the seller has title insurance and may actually have a valid claim IF he didn't know about the encroachment when he purchased (the survey showing the encroachment was generated when he did a refi on the property...but I'm unfamiliar how that process works and how long it takes.

Here are a few I see:Pros for Rehab: You get to see and correct the condition of the house immediately, you get to screen your tenants before giving them the keysCons for Rehab: time and $$ in rehab work, no income until you can find tenants for itPros for Tenants: Income right away and no need for immediate rehab (hopefully)Cons for Tenants: Do due diligence to ensure income-generation (evaluate lease and rent details), mystery quality tenants, unable to fully inspect house conditionWhere would you begin?

They calculated a loan amount and an interest rate, and generated a monthly payment, but the notarized paperwork they signed only had that monthly payment.

You will have to sink 40K+ into it and it will generate less than $1000 / year before taxes.

Our company has generated more profits doing this land development process/land entitlement process than almost any other type of development.2.

I'd like to pick the brilliant and experienced minds of fellow REI's as to how to establish a solid lead generation system.  

I would love to make a buy and hold work as it's been in the family for generations but also open to a sale.

Was it a system generated value from the bank?  

The idea of thought behind this is that you are not going to live in the unit forever and will eventually rent it out.My concern is while you are living in the duplex would you be cash flowing on paper because you are basing your analysis that both units are generating income when in reality only one is generating income.

Hi BP community,Could anyone suggest a few successful and helpful courses/books on owner financing, education on generating leads and closing the deals ?