I haven't viewed the home yet but the agent said it was a drug house where the insides, while nice have been stripped of everything.

Oh, from the sign on the telephone pole on 3rd street, awesome."

Not even sure what this drawing is called, but it was about 24" X 24" laminated showing all the lots, streets, lake, etc?

In the beginning I assumed it was Wall Street type funds moving money into RE for a few years.

Our private financier is almost tapped out, and obviously his greatest value to us is in the acquisition of property since he funds 90-100% with virtually no approval process.In particular we would be interested in refinancing 16 units in 6 duplexes and one quad all on the same street.

A flat parcel with utilities at the street, and no major issues is easy to figure prices on.

The DARPA "Urban Challenge" demonstrated a mixed environment of autonomous and human driven cars with the autonomous cars successfully navigating streets, obeying traffic rules and finding parking spaces.

Hi, my name is Corbyn Doyle and my wife and I live in central OKC.We are totally new to REI, and have come to this site looking for helpful knowledge in assessing a couple of deals that have been offered to us in our neighborhood.They are both owner-financed deals on rental properties just down the street from us (one is a duplex and the other a duplex with two garage apartments).Both deals have kind of fallen in our lap (we weren't looking for investment properties) because of our friendships with the two owners of the properties (a different owner for each property, unrelated and unknown to each other).We basically need to know (1) what kind of return on investment we could expect from the properties (given certain known variables) and (2) what sort of pitfalls to look out for in owner-financing.Thanks for any help you can provide!

If you want a written verification;Were rents paid timely.......how many times over 5 days------10 days-------15 days------30 days--was the property return in like condition-----did the tenant comply with lease terms------Such are straight forward questions that are pretty black and white, there is no liability in answering truthfullyYou can't expect a wrteen answer to; did you ever suspect drug use?

Or can they just go down the street to find the same or better deal?