Thanks Curt for responding and I totally understand removing my emotions from the deal.

@Danielle Gronnestad I responded to your other copy of this posting, so will not repeat those bits here.  

I didn't realize people responded so quickly on here.

hey @Will Barnard- thanks for taking the time to respond. good information. you mentioned previous "Your rent of $1750 vs. the acquisition of $189k is a ratio of less than 1% which will always equate to negative cash flow over a long period of time"in your opinion, when evaluating, what should that % be to get it into a good deal area?

Its known that my places are nice and clean and safe, that I will respond promptly if there is a maintenance need, and that I will enforce my lease.It wasnt always this way.

Email, and if they don't respond, put "2nd Request" or "3rd Request."

I recently had a Letter Of Intent (LOI) accepted by a very motivated seller, who responded to one of my Direct Mail letters, and is willing to finance 100% of the purchase price.

Thanks to those who responded.

I responded to your other post.. for me as long as I know its a first I don't do anything else personally.I have never had a junior come back and bite me other than one time when a first got accidently released ( at least that's what wells said in their complaint..) and we actually bought the second.after 10k or so in legal fee's we all settled so it was a break even or maybe I lost 5 or 10k can't remember but that's the only time I had an issue.if the junior is not notified I suppose they can redeem but I suspect they would have to pay you  off and maybe some statory interest kind of like if the IRS redeems which I have never seen happen and I know I have bought at least 50 with IRS leins over the years.. those were my favorites.. most people won't bid as they are afraid of them.. plus they need to run right away and put their HML on it.. and can't do that with IRS lien..

I've been following on my phone but not always easy to respond with my phone.