If their parents owned it and the kids know it hasn't been updated, then they know it needs work and may just be happy to have it sold without having to fix it up.

Apparently the owner passed away in a foreign country and his parents who live in Australia, I heard it is in probate but it is also being foreclosed.

Some good reasons for the need to move include: need more space (expecting a child or elderly parent moving in), need to relocate for job, lease ended, house they are in had a disaster event strike (fire, hurricane like Sandy).I just filled a vacancy during November with somebody who was moving due to house they were in had a break-in.Just about anything else for a reason to move is suspect.But you will get some on BP who will only do month-to-month.

They must all be executed by the trustee and no transactions with parents, grandparents, or children; brothers and sisters are OK though.At least that's what my CPA tells me.

My wife and I live in her parents basement at the moment so this would be my first bought home as well.

I'd say you need another 3/4 bth at least to get that 4bd rent.....But, in some markets, a 4/1 rents close to market, might be better to take a little less, still beats the 3bd rate. 5 people can live with one bathroom, like parents, 14 boy 13 girl and todler or younger child.

My parents are both institutionalized professionals and always pestered me to just "get a job" but they also sheltered me a great deal, so I was actually pretty unaware of any alternatives.

If the tenant seems to be having trouble, I tell my PM to instruct them to zero out their withholding at work.

I’m glad I had normal parents that spent time with me.

The first couple who applied had credit in the 500's and probable fake prior landlords (both listed parents, separately).