They have perfect credit scores 830 and 790 ( I received the credit reports) (They are a retired couple 69 and 62 no children). 

Your carrying costs include mortgage, property tax, insurance, electricity, water, garbage, HVAC since it's summer and any HOA if applicable.Get a Prelim Title report $50 to $60 in most places.

View report*This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hello BP members!

I personally prefer a legal position involving deeded ownership or secured lien position; however almost any real estate activity can be profitable given the right set of circumstances.

The landlord will not report me because the rent is still getting payed by my very high income roommates.

Im looking to get involved with one within a 100 mile radius or so. 

If they reduce price by the cost of the expenses plus a little bit for time it is the same property that you were willing to buy and hold except a lot of things will be brand new and less likely to break in the near future.In terms of negotiating don't expect much more than the contractor's bid off the purchase price if these sellers aren't too emotionally involved. 

View report *This link comes directly from our calculators, based on information input by the member who posted.

Those that are found are reported to Zoning Enforcement."