May not be correct, address may not be correct, but its a place to start.You can try just sending it a letter with forwarding requested and see if it goes anywhere.Its probably not a foreclosure if its been abandoned that long.

If your numbers are correct, it sounds like a deal.Yes you can do a double close and yes you would have a contract with the seller and a seperate contract with the buyer.

But there are plenty of properties out there where you can make WAY over that 11% and the risk is probably lower that you'll lose if you correctly run the numbers.

It does happen when people do not manage a property correctly.

As long as your numbers are correct and we can help with that.

John is absolutely correct.

Just make sure the lease and option are correct for the state where the property is located.As it is managed by a property management company their contract with you might include a fee that you have to pay them if you set up a lease option.

We do have a pretty slick RE Attorney that works for us, so I'd hopefully assume correctly legal loop holes would not be open.

Both of your answers are correct.

Failure to operate correctly can compromised the LLC's legal standing.