Meaning on average are you guys passing these on to your buyers at 50% of ARV less costs, 60%, 80%?

Do you all entertain sellers who do not want to discuss anything about the condition of the property nor do they have any pictures of the property?

You're probably looking at a Class D property which will be very challenging to manage and make money on.The critical question to ask the seller is how much is it going to cost to rehab it so it passes City inspections.Recommend you search BiggerPockets for our Deep Dive series on Metro Detroit Ring Cities and city of Detroit neighborhoods.

I had an extremely horrific experience with a condo I owned that was managed by CAMCO management (google to see my review) and therefore, steer clear of any complexes managed by them or anyone affiliated (I recently heard the owner of CAMCO passed away and his daughter opened a new company.)

Since 2 years typically has passed since they bought the home, there’s no taxes owed on that, and it’s almost like a 1031 exchange, but with more time to identify the The next property.

.,).Usually at most the PR that whom you contact, may be motivated to sell..No matter how much time has passed during the administration process the emotions for the family are still raw..Good luck...  

@Russell Brazil I don't disagree, but I think any investor with any experience at all will quickly "pass by" the rookie podcast, though I'm admittedly not a regular listener of it.

It passed unanimously.Then the House Ways and Means committee I believe sent their first draft out and it too had no changes to either the step up in basis or 1031.So while your money's never safe while congress is in session it's looking pretty positive for real estate investors right now.

Very sad news but Gene Guarino, who owns and runs this program, passed away just last week.

As mentioned in a case like mine it would make sense, at least as a lower budget/lower property tax valuation option, given the land value and the cost to build new now.To pass on some useful information I received for anyone else researching this topic this is the below info I received on my specific situation.