When there is a lack of money there needs to be more knowledge as a substitute to reduce the risk to a seller.Back to motivation, a seller who offers SF is an automatic red flag, every time.

Petersburg, FL typically runs $0.50 - $0.66 per square foot annually. ($550 for my 1,000 square foot rental).

Any developers in the Denver and surrounding areas know the typical cost per square foot on something like this?

The value in this deal is adding additional square footage for much less than the market values that footage, combined with improving and polishing the existing bones.

To get grant money you have to have certain income qualifications and the money runs out quick for the programs.So there are programs for first time home buyers but a bunch of red tape and hard to get.

It's a Six Plex on a 20k square foot lot.

How would you feel if the neighbors painted their house bright purple and put on a red roof?

You will encounter many in the business with no Integrity, but red flags will appear...Keep it moving!!

The second appears motivated but my dilemma is I know nothing about Mobil homes which is what he wants to sell.My letter was to a different address but when he called he said he liked that home and was keeping it, but had two other homes he is thinking about selling because he is getting old and wants out of the rental business.This is what I know so far:Both homes are 2 bedroom and one bath, approx. 850 square feet for both.

Joe may be alluding to the city red tagging the home as not habitable.I have had this issue on a bunch of my OREO in Jackson MS.. there is Yazoo clay.. and its incredibly destructive... not only cracks in the walls the doors won't close, as you mention pipes break sewer lines break its a major problem.