I definitely plan on talking to an attorney before moving ahead with any deal.

After this discussion I have taken more notice in my market and this is exactly how other investors in my area are selling on terms (lease to own).

Usually the blemishes are not very noticeable.

I've noticed hand written direct mail is a great way to go.

If a tenant has been served with a 90 day notice to vacate a property after a foreclosure sale to the bank, do I need to serve them with another 90 day notice to vacate after buying the property from the bank before the other 90 days were up?

She said I would be required to give 2 months notice and pay 1 additional months rent or give 1 month notice and pay 2 additional months rent.

I noticed that some groups new each other...

She might get tempted to leave on short notice or skip her last month's rent.

:) If this property has visible fire damage from the street, there are likely lots of interested buyers and it appears the neighbor has noticed this as well.

One thing I noticed that I would change is the window trim.