Bottomline you gambled and won.  

At least wait till you're closer and have a better idea.If the lady alone makes $75k and has great credit I wouldn't have a problem renting to them (considering everything else checks out).

Hello BP friends,I need some help on how to proceed in making an offer for an apartment complex.I spoke to the lady (53) looking to sorta retire.  

@DavidRI do hope that is not the case here, (and that lady should have took you up on meeting her half way).  

This was about 7 years ago.Their point of view is the option periods could not be renewed so they are taking a gamble.

It takes my time and is a gamble. 

There's a lady with vacant home and her husband just died about 6 months ago.

I figure if I am into it for 140k-145 and all it needs is paint and carpet, it is a great deal, at least I think so.Anyway, the problem is he now has a sale lady from Century 21 coming over Friday night, and she told him she can get it pulled from the sale, and sell his house for about 200k.Now the part I am not sure of is HOW can she stop the foreclosure??

It's a gamble but if you have deep enough pockets then it's a potential grand slam.

I pay a lady that gets it all done in a week $295Might I suggest doing a deal as a sole proprietor (is that spelled right) and then take the proceeds to create an LLC, who knows maybe the attorney will give you a discount if you retain him as your attorney which obviously suggested as well.