And there is some sort of plastic plumbing that was used in the 60s or 70s and maybe even the 80s that didn't perform as expected...it is garbage.

So if the buy the building and after rehab they are into for a 9 cap then they can price above 5 cap market at a 6 cap and it flies off the shelve.Just buying existing cap rates for performing stuff it doesn't work unless you are just holding for tax write off and retirement.

Seller allowed us to perform inspection(for information purpose only) and we discovered few issues(window not shutting down, paint peeled off in bathrooms, exhaust fans in both bathrooms not functioning).

Therefore, if you can buy in a way that ensures the cash flow side of things is performing well, it won't matter as much if it appreciates or not.Good luck!

If they do not perform I foreclose and take back the property.

Auction company must of got tired of watching people bow out cause they couldn't perform.

The purpose of the loan being neighborhood stabilization, by acquiring non-performing notes, modifying the mortgages, and financial education?

(outlook, gmail and excel) or do you perform imports and exports? 

I am currently working with a probate lead. I am in Texas. There was no will.The administrator assigned to the estate is the mother of her deceased son. There is no money in the estate and the administrator is elderly...

Either by my broker or my title company.If you get a seller who wants an actual EMD paid where they can actually get it if you fail to perform, you are dealing with a seller smart enough that you are probably not going to be wholesaling his house.