It depends primarily on what price you are willing to pay for physiological security.

Property Location: Moss Point, MIssissippi32 unit complex4 buildings sits on 2 acres and all units are on the ground floorAll 1x1 units (Market Rent: $500/mo) 60% Occupied ( most occupants are long term social security recipients ) Per the seller (seller from out of state) all vacant units just need cosmetic rehab to be market readyPotential Gross monthly income: $16000 ( all units rented and are paying market rate) Current Total Gross Income: $7400 ( due to vacancy and residents paying BMR) Current Monthly Expenses: $1941Monthly Note Payment: $3419.43Asking Price: $660,000Seller Finance Term: - Seller wants to be cashed out for the amount left over of the loan balance ($295,000).

I will definitely meet you if you regularly attend TREIA.

He would be secured by a second position.

The notice will contain information on the security interest being foreclosed as well as terms applicable to all bidders such as deposits and time to close.

My only real estate experience is in tax compliance for a few residential property investors and mortgage backed securities funds.

It is a 1 year lease and per the lease I will keep the security deposit.

We paid one property off last month and all others will be paid off within the next 2 years (on the one's where the tenants did not secure outside financing for & purchase from us).If done right, a program like this can work well.Best of luck!

and they seem to be coming out with improvements regularly based on user feedback. 

Most investors do not treat it as such and allow tenants to regularly violate basic terms of the lease.When these Landlords share the problems they are having, more experienced Landlords may seem harsh because we are attempting to correct a major flaw in the way they operate their business.