Getting someone else to give you there house so you can profit from it is a difficult task, but a couple points you can make to sellers, depending on their situation, to help them see your point of view and want to do the deal are:- Earn Hassle Free Profits- Get Multiple Pay Days- Sell your house with No Commissions- Rent your house Without being a LandlordThis all stems from the strategy of the Seller receiving an upfront Option Payment, Monthly Rent Payments to cover their PITI, and Profits when the property Sells.  

If it doesn't then there is room to bill back water and increase market rent leaving decent upside.

I have found it to be difficult to work all week and then get excited about spending my nights and weekends working another job.  

The outstanding mortgage with interest is $175,000.I have been considering offering 100-125k for the building, but without a tenant upstairs, this only increases my costs --- at least for the next four years.

It may be difficult to find a lender for properties valued under $50,000.  

Rental will increase also in the surrounding areas as people will not all be able to live right in the hot Nashville spots.

I guess in an ideal situation I would at least like the property to break even with costs, but from what you're saying that's quite difficult.

It will be difficult with no money, no/inconsistent income, AND no experience ... you normally need at least 2 of those 3 ... perhaps you could work in RE services, like as a RE agent, for example, to earn while you learn and get yourself closer to getting 2, if not all 3 to invest with ...

She said it was because she needed help which sounded reasonable so I didnt increase her rent as stated in the lease. 

Hi @Cesar Ramirez,For the most part, six months plus a future-current appraisal must support the new increased value.Appraisers are frequently rather conservative until about the 12 month mark.