Ensure the state provides a clear title upon sale.

And other questionsIf I was reviewing this for one of the investors that buys SubTo deals from me, I'd want to renegotiate the down, remove the balloon, make sure my investor has 6 months of payments in reserves, make sure my investor can qualify for a refinance in the even the Due on Sale got called.I would need more answers to know if I would do the deal. 

Then, gather evidence like recent sales of comparable properties to support your case.

Retail sales so far are +.7% MoM and +3.8% YoY.

And that’s if you can’t find something to buy for under $100k or time multiple sales at once. 

If they’re late a third time, you have a strong case for eviction for habitual non-payment—without risking the tenant showing up at the 11th hour with the money.For your specific circumstances, with only a partial month behind, I would guess there is a decent chance they can come even on rent and it would be a waste of your time.

This way you get the chance for appreciation as well! 

Most businesses, property management or not, fail due to the lack of sales, not due to the lack of systems and phone etiquette.

Well, how much is the lot for sale for?

Purchase price: $125,000 Cash invested: $75,000 Sale price: $248,000 Decent fix and flip completed in 2024.