Originally posted by @Charles Worth:@Josiah MosleyAs others have noted, you live in a fairly good area for RE which most TK investors do not.

Control Low, Assign Low and do it Often"Charles

I would be curious to know the details of this offer.I shall assume the following - correct me:The seller has owned the units for a long timeThe units are in need of work and managementYour option is for less than 3 yearsYour are responsible for taxes, repairs, management, violationsThe owners receives a net monthly payment, regardless of how much you are able to collectThe seller has been unable to sell them for a long period of timeThe seller is over 65 years oldYour option price will be below market valueYou are paying all closing costMiss a payment and you violate you optionThe units are 15% vacantThank for sharing,Charles

Originally posted by Charles Parrish:Here is an example of one of the properties:Occupied property with a section 8 tenant in it is getting $1,359 per month.

@Charles Nguyen - Thanks man.

I'm out of lake Charles, Louisiana.

Learn the system, know the players, get your name on all the auction companies mailing list.We do NO foreclosures, only owner ordered and investor's properties.Good luck ------ Charles

Thanks for the pep talk Charles Parrish I'll keep at it.  

Originally posted by @Charles Parrish:Fear of poverty ! 

Charles here.