Central heat and air, brand new AC units.Everything is brand new except the roof.

Also the pool is in a good shape and had a nice heated pool pump.They had originally listed the property for $255k and eventually reduced to $230K, this is when it went under contract for $198K which is around 16% discount.

Basically, the owner wants out and his bottom price is $45k.

Craigslist is basically useless here for real estate, as agents bombard it with links to their listings, even on the FSBO pages.

Basically I just signed up for the Joint Venture program with Richard Roop who leans towards owner financing using creative strategies and a long term hold approach.

If you know can handle these basics and have a reputable title company to work with, you can keep your expenses down while covering your bases.

Basically, you can't have the principal place of business without a qualifying home office.

If the landlord is paying any of the utilities then, imo, you really want to analyze your numbers and net operating income as heating bills in IL might be a whopper.And why so long to close?

Basically, I'm just wondering if anyone has ever used them or heard anything about them (good or bad)?

That's basically another 8% a year in overhead.