Jason - David hit the nail on the head.

Jon you hit the nail on the head with Shane's devious plan.Another little tid bit to further implicate Shane and Daniels mutual understanding of the situation...

Willy can get and needs to get nailed and nailed hard!

(Jon nailed it on Cap rate saying it uses the 50% rule, for most people, since you must determine estimated NOI to get your Cap rate.)Basically use multiple metrics when determining the attractiveness of a deal to increase your margin of safety.

Hit the nail on the head about the owners not taking care of the animal.

I think Roy nailed it on the pricing for Anchorage.

TO EVERYBODY that responded to my initial post of being Open -Minded, I want to say thank you very much for your opinions and the expert advice hit the nail on the head!

Also the owner of the real estate could have a high deductible and the insurance claim wouldn't cover much if any of the settlement and would make the annual policy go sky high.If you have an attorney send a counter letter and let the claimant's attorney know you will fight this tooth and nail the attorney might drop it if pro-bono.

The finish on the hardwood floors was eaten away in the kitchen area and black heel marks were left and polished over.

Good news for you cracks in granite can be fixed by filling with an acrylic but remember later you need to re-polish it otherwise the crack will remain easily visible.