we were able to find someone, however we had to fork over his share of the rent for 3 months while we searched.You didn't specify, but I assume these are students (OSU)?

I'm assuming you'll come in with a lower offer hoping they'll meet somewhere in the middle...especially if it's been for sale for a while.

It's irritating because I wanted to assume that property as buy-and-hold.

I assumed he meant there was a mortgage on both lots, but the foreclosure suit erroneously had the legal description of only one lot.

Assume it is working for her or she'd bail out?

Assuming your numbers are accurate, it seems like a good deal to me.

I'm holding notes as I assume you are.

I will definitely have to check the roof condition.Forgot to mention about my exits.Exit 1: Rehab and flip.Exit 2: Lease it.Exit 3: If it doesn't sell by end of April, I can move in since my current lease ends.So assuming loan closes mid to end February, I have to worry about carrying cost for March and April.

I can partner with him, by paying a certian amount I assume, or I can buy it outright.

I had assumed that with this one, there was no way I could do another short lease again.