Through research we found out the seller was in a distressed situation, had not collected rent in over a year and three of the four units were vacant.

Through research we found out the seller was in a distressed situation, had not collected rent in over a year and three of the four units were vacant.

I can also vouch for @Dan G. with the highest recommendation, if folks are looking for distressed properties in Spokane you need to contact him.  

They are designed to incentivize long term investments in economically distressed areas by enticing investors with capital gains tax deferalls.

My wife and I purchased distressed homes when the market was at its lowest and did 80% of the work ourselves. 

I bought from a distressed landlord, who is an older man (ex-army).

I know wholesalers that have been sued on this one as well as agents.. agents just lose their license.. wholesaler just get sued.. and dont have a license to lose.I have been buying distressed assets for 40 some years.. and been a broker the whole time..

I was able to get the property under contract due to a distressed situation, where the owner ran out of money and was unable to finish the project.

If the economic environment gets distressed significantly I can still service my debt and operating expenses, I’ll just have to sacrifice some cash profits during a downturn.

Lets say you find a distressed SFH for 50k plus 30k of rehab needs.