Yes, all the time and the reasons for it vary as much as the quality of tenants that you will be inheriting, which by the way, from my experience is directly proportional to how good/bad the previous owners accounting was.

My source who is friends with the owners brother says that several of them haven't paid rent in months.The neighborhood isn't bad, just seems as though it has landlords who dont value the quality of their property, never did improvements or kept it up, so it can be potentially a good buildingAfter doing some due diligence, It doesn't even have a building value under the property appraisal site.Im surely going to have to get a lawyer involved to make sure everything checks out and of course the title company to see about any liens.Im wondering how would you guys go about acquiring this property.

It is trickier than Boston in that the neighborhood quality changes very fast, especially for areas bordering North Philly.

That way, you can structure the best deal AND get the type of house you want.Depending on which side of the equation you are on, the biggest issue with Rent to Owns is the lack of quality properties offered on this arrangement.

Be sure to thank joe above for his excellent post, he has thousands of the same quality. 

Pricing it competitively or doing something to make it stand out from the competition will keep it rented to quality tenants.

Geography and risk associated with neighborhood/tenant quality are a couple of the major factors in this (higher risk should equal higher reward).

The first: is anyone is willing to share a copy of a mailer they have found to deliver successful quality callbacks, and the second is how to farm specifically to SFH flippers, or Dulpex - Quad flippers.I am just now preparing to send out my first batch of letters, but wanted to be able to see a few examples from people who have found success with this approach.

So often, I see beginners make the mistake of thinking they will DIY and save money when the reality is, they waste more time which increases costs and they do not donate same quality a professional can do.

Hardwood prices + installation will vary, but will be at least double that if you're buying a higher quality product.As far as concrete cost, we're polishing the existing foundation, so there is no additional cost.