Here are the detailsOriginal Note:  $48,500, 8% interest, 30 years, secured by first lien on $70k property, typical note terms.Date: 12/9/2009Current Value:  $41,505Payments:  $505.88/month includes $120/month escrow for insurance and property taxes, No payment missed, 3 payments late but not by more than 30 days.Escrow:  -$800 now but payment will be increased for negative balance and increased taxes/insurance.My guess is its worth $55,340 valued at 6%

Bate Hendricks neighborhood is often featured on the HGTV show Good Bones, as are the neighboring areas of Fountain Square and Old Southside.Watch that show and you can get an idea of the type of homes that are there.  

This forum features a few experts in 1031 exchanges, including @Dave Foster and @Bill Exeter.Other solutions are more complex and not suitable in every situation:Monetized installment sales.

If you have said you will pay all closing cost then he may think closing cost would include previous years taxes ...i could see 3 options 1) you explain typical closing cost where he agrees to pay back taxes or 2) you pay all back taxes and closing cost or 3) you both split the cost. 

To be honest though desktops typically work better for video editing if you're going to do a lot of it, bigger screens + faster. 

More info àhttps://yieldtalk.com/r/holdfolio-review/ LendInvest - https://www.lendinvest.com/Company based in UK. cannot accept investment for properties in England, Scotland and Wales HouseCrowd - https://www.thehousecrowd.com/ - Property investment, P2P, Auto-Invest and Crowdfund lending, 5.5% - 10% Typical Return, 3 months to 3 years.

If you enjoy the BP podcasts @Darren Sager hosts a monthly meetup in Manhattan featuring BP podcast guests.

Use the Search feature that BP offers and look for local IN search results.

Are repairs typically more expensive? 

An escrow-only company can help with this as oppose to an escrow/title company that deals with typical mortgage transactions.