Stay away from condos the market is flooded.

I still continue to DCA into my index funds, but this 50K stays as extra money that I can invest somewhere else.

Great point Michaela, I’ll try and stay open minded to other opportunities.

He says he does not want to do cash for keys and he wants to stay in the home.

Hey ladies and gentlemen, I dont post much but stay active on the site and podcasts. 

I know that the money has to stay in the bank for a couple of months if you don't want to explain where the money came from (cash business).So I can have access to cheap money I just don't know how to set up the transaction in such a way that it doesn't appear as borrowed.

I staying somewhere between $50 - $75 per unit.  

I told the landlord that the RE agent should guarantee one year of a tenant staying and paying. 

Zillow has worked well for me the past 8 years but...I’ll try craigslist, but I like to stay off there because I haven’t had much success with people from CL.

I'd advise you to stay away from an asset that is extremely distressed and in need of a ton of repairs.