I have no experience in real estate and would to work out a deal with an experienced investor to mentor while of course getting something out of it for them.

You have little to lose by trying to get the departed owners to work out a short sale IMO.

There was a definite tension vibe in the room when this entire session started.

My son plays hockey and keeps us busy, backyard rink just completely melted ending our practice sessions, lol.

@Denise Alberto is in your area.. you may be able to work out some ideas for your area.

You find the deal, do the due diligence, and the workout and for little money into it, get a nice profit!

If you do a little marketing for motivated sellers, or even just spend a month or two making calls on Craigslist properties and trying to work out seller finance deals, etc, you can probably find more cash-flow for less money down.

Will sell them this spring as things thaw out.. sometimes if you work with these folks instead of making demands things can work out as some rent is better than a vacancy in low end areas.. a vacant home can get trashed in a heartbeat.I am sure we have all seen the Electric ranged turned to high with the door open and a 30 inch fan in front of it trying to heat the house..

Maybe we can do a rehab session.

So I tell her to send me the numbers and I will see what we can work out.