That part of the wall is on the area where the garage was converted/added on, whatever at some point.

Where the money goes is in their pocket, converted into greater personal wealth, maybe a new villa in France.The price we pay for civilization is taxes.

Or converting a dining room into another bedroom...How long have the tenants been there?

IMHO if you can come up with the cash to pay the taxes I think you should convert from Traditional to Roth.

There are a number of things that could influence your deal rate.First of all you would want to know your response rates on various forms of advertising.Of those that respond how many get converted into sales.

It's smart on the investors part as instead of paying 100k for that property cash they can now put down 20k on 5 properties saying they will pay cash.In my neck of the woods this strategy is dead.The banks require a high earnest money deposit on cash offers.Then they have an addendum that states that if the buyer converts a cash offer to financing the earnest money becomes NON-REFUNDABLE and the bank reserves the right to terminate the agreement and go with another offer.

Perhaps converting their office to rentable space and building a separate space for them to manage with is something worth looking at.

It has been converted to gas.Although someone bought the house with that monster at some point, I think it will be a potential deterrent for a prospective buyer, and a new heating system is a nice selling point.Has anybody dealt with that situation?

TV - way to expensive for my market in comparison to the converted deals.

Yes - I agree with Jason Scott-- wait and see -depends on how good the price is -Also get your own attorney to do title check-for $100 or so -- May be if he was a wealthy man --may have divorce or loss in some business deal and may have this townhome as lien along with other properties or business --so complicated title --but can be Resolved through your own attorney talking to lender --Also do not get too attached with any one property --if you are going to live in --have your own Mortgage approved ==Pre Qualified and buy a smaller house--live there two years --do some improvements and convert to rental and buy next REO --good luck