If you sale at $240,000, however, you would probably have around $45,000 after selling fees to invest elsewhere. 

I ran this by the "general" forum, but wanted to put this over here to maybe get a different set of eyes on it...I'm considering a possible industrial property that's for sale.

I would figure out a way to purchase the homes from the investor or base the sale on most if not all of them needing to be replaced.  

Michael Plante If it's listed for sale it's like any other home.

Emphasize the advantages of getting the house under contract now - no showings, she can make all her plans based on knowing the sales price, etc.

Like with a many sales techniques you don't get a good sample size (and won't likely find success) if you just target 50 homes.  

I didn't think it would happen so fast, but I was driving through a residential area near where I live and spotted a house for sale by owner on a low traffic street. 

One of those 5 loans has now completed a short sale, and I got back 94% of the principal (it hasn't hit my bank yet, but I'm sure it will), which represents the net proceeds.

I will take your word and assume this is a legit sale.

They are only willing to finance a small amount as they say the money down they need to cover the taxes owed from recapturing all the depriciation over the years.What are the rules on recapturing depriciation when a seller wants to owner finance the sale?