So I am submitting the back-up offer on Friday.

@Jack Bobeck Great inputs, appreciate the thoughtful response and use of different data points to back up your thinking.

Some of the greatest success stories ever are people who have their back up against the wall and come out swinging.

On any issue, try to have a third-party document the cause - IE the certified appliance repair tech states that the burner is out due to misuse, you then charge the tenant for the repair.

This should lower your overall DTI and increase cash flow since you’re bringing all the older notes back up to a 15-20 year amortization.

I know as long as I have the title company documents to back up my numbers I would be fine.

With back up property management on call in case. 

So theirs a property that has been foreclosed now for over a year, Aug of 16 the property was first placed on hubz, since then it has had 16 price reductions still active on hubzu and the MLS, Ive already walked the property, needs a good size reno to bring it back up to par, the question is has anyone ever encounter a scenario like this, is there anyway to get an offer in, the auction on hubzu never meets the reserve the property is going to waste, the only occupants are all the cats living in the attic and garage lol

.), sentimental reasons, backup option to move back reason and many other possible reasons, but NOT including taxes.

If the old "octopus" heater is still there or a coal burner, it makes for interesting conversation when someone comes over but is very inefficient.