Nokia, which is possibly on its death-bed, has basically hit rock-bottom with failures like Maemo and everything else they did.

The bottom line is that properties in this price range are in war zones and people don't want to live there.

A lot of people just want the property, and usually make sure the numbers and period are correct, and then just sign the bottom line.

George - I like moniker at the bottom of your post about tenants.

When you login to your account, go to an investment then click on the "Cash Transaction" on the bottom left side.

Bill the reason for the the sellers not wanting seconds is they can't dump them anymore.Used to at closing if a seller financed say a 50k second they could sell the note off for 25k and get their money and be out.Now most note buying companies are only interested in first positions unless there is a ton of equity in the property.Many buyers try to get 3 to 5 year balloons but many sellers only want 1 to 2 year balloons with 30 year AM's.What buyers do not understand is that many sellers would just as well take a cash offer for lower.Example Buyer 1:Sales Price: 200,000Seller held second at 15%:30,000Seller paid closing costs: 5,000Net to seller right now: 165,000Buyer 2 all cash purchase:180,000 with all closing costs paid by buyer.180,000 net to seller.Even though sales price is 20,000 less the seller nets 15,000 more RIGHT NOW.So what I try to hammer home to buyers is if you are trying to get a rock bottom price plus get the seller to hold a second you won't have much luck.The reason is they are probably already getting a low all cash offer already from another investor.So you can get the seller to hold a second and get the price down some but not a ton.This is what I go through with my sellers and I have to tell the buyers they will only hold a second at a higher price otherwise we will just sell to a cash investor.With the cash investor the seller is out and not attached to the property anymore which is a huge benefit to some.

The bottom line is that you cant.

Here is a link where somebody is keeping tabs on the RRP fines and what led to the fines; you might find this to be a bit enlightening:http://leadpaintprofessor.com/2011/06/epa-lead-rrp-rule-enforcement-is-affecting-contractors-nationally-a-chronological-list-of-fines/Yeah, that site is selling RRP stuff too, so maybe they have an agenda in mind as well ...But the next link is not selling anything for RRP, and the comments in this link should be read (bottom up for chronological ordering):http://www.remodeling.hw.net/lead-safe-practices/epa-updates-lead-paint-rule.aspx

If it's the former, check out this post: http://www.biggerpockets.com/forums/87/topics/33390-non-tech-way-to-use-craigslist-imagesPay particular attention to Tiger Sun's post at the bottom of the page.

I am running comps on the properties and am working on my bottom line numbers to offer.