Either she's going to have to work or otherwise generate enough income to cover that mortgage payment for the next 30 years, into her 80's or 90's, or she's going to have to sell at some point and downsize.

I'm not talking about aggravating a hot button, I'm talking about trying to persuade a tire kicker.We generate our own probate leads rather than buying a list.

We can't expect Josh to create a sub-forum that generates no interest.Were talking about your livelihoods.

I hear that you can get slightly higher rent for Section 8, thus my thinking it might be worth 800 gross rents.Based on 50 percent rule analysis, it would generate cash flow of 100/month at best and 25/month at worse.

Right now, I am looking for ways to target motivated sellers but without having to subscribe to some lead generation company on a monthly basis.

All of this and many other factors need to be considered running a restaurant.The biggest issue a one off restaurant faces is food quality and pricing.Small places can't order in massive quantities so do not have long term food contracts locked in at a set price like chains do.Instead food cost fluctuations can hurt a small restaurant plus the quality you get from a supplier might be good one week but the next a new company came in to the food supplier and gave them a cheaper deal to use their product and try it out.The new product may be better,the same, or worse.The problem is you pay the same price and charge the customer the same price as before but it might not taste as good.I don't know how you will buy this restaurant as you have no experience as an owner.You can't just open a restaurant and expect people to come in.A few will but not enough to make a great business.You have to pound the ground and press palms and get the product with free samples into people's mouths.This will generate buzz for your restaurant and create customers with a relationship.Customers are habit creatures.Get them a great experience,great food,decent price and you will get repeat business.

Finally, what is the best source for generating the buying and selling contracts?

I realize that many today, especially the "younger generations" lack integrity and don't really understand that if you conduct business unethically you will only make a fraction of the money that is possible in your career IMO.

But when you factor in:1) The interest you pay on the loan,2) The insurance you pay for 30 years,3) 30 years of taxes4) all the maintenance and updating required to generate that value after 30 years (I've looked at houses that haven't been updated in that length of time, we call those "needs work" and "deferred maintenance")5) the costs you will incur to sell,6) Changes in the area (bad or good), changes in house styles, etc.then its rarely a good investment.

The exception is certain expenses such as HOA should be capitlized if the property is not being rented or used to generate current income.