There is no magic formula, but there are some interesting strategies he uses (nothing illegal), just some creativity involved to get to the front of the list, eventually.If someone doesn't want to sell today does not mean they wouldn't want to sell tomorrow. 

This ensures that the tenants have been financially responsible enough to have some cash on hand, and they want to stay because of the slightly lower rent.

You have a ton of options, but I think the most important is realizing that you should shift that equity to start working for you whether it be through sale, refi, HELOC or other creative strategies.

Our housing contract with the military allows us to ensure that we can provide above market rents to all of our clients.

Our housing contract with the military allows us to ensure that we can provide above market rents to all of our clients.

She's the creative one, and I'm just the muscle. ;-) How did you find this deal and how did you negotiate it?

There are plenty of ways you can go about it, you just have to get creative!

I'm interested in some creative ways to do seller financing on deals. 

Condos are a different investment animal and as was previously stated, a poorly run and under-funded HOA can ensure losses for years to come from an investment perspective.

You still have to pay taxes in Illinois as a foreign entity.Check out the Chicago Creative Investment Adviser (CIA) which meets on the third Sunday of the month at the Embassy Suites by Hilton in Lombard, IL.