The lady got cold feet when it was about to close, and she backed out.

Hey guys, I received a call from a bandit sign last week from a lady who is behind on her mortgage payments.  

So I am quite familiar with the fact that things are rarely as easy as they seem and I didn't go into this venture with rose tinted glasses.

I'm meeting with a lady who is  a homeowner to educate her on some of her options. well, that's where we come in and make money, Right?

There is a BP podcast about a lady in denver who built a portfolio of condos in Denver due to the high cost of entry (https://www.biggerpockets.com/renewsblog/2016/07/14/bp-podcast-183achieving-financial-independence-rental-properties-sarah-pritchett/) . 

The mobile homes and the lots are owned by the park.Gross monthly income is $2,070/monthOwner pays:-Trash is $64/ month-Water is $200/month-Tax is $25/monthTenants pay their own utilities, electricity and gasSelling because it has a lot of equity in it$84,000 with option of seller financingRent ranges from $275 through $575/monthOwner charges a lady who has lived on the park for 7 years the lowest rent of $275/monthCity sewage and city waterAny and all advice on this deal would be greatly appreciated.

What an intelligent young lady you are.

There's another finished basement I could rent out for $600 in addition.Fast forward to 2018, the value of the property rose to $1.3 million.

I have one young lady looking to get started wholesaling meeting me this week, who else is game?

When a similar apt building sold in 2014 for a lot more than I bought mine for,  my assessed value rose 60% in 2015.