Basically he needs to sell due to relocation and the numbers work as follows; The prop. has a $130k 1st mtg and a $65k second.

I knew what every house sold for on all surrounding streets for the last 3 years before bidding.When bidding (at least here in PA) you are basically making a sealed bid.

And as a tenant, why would I rent from a landlord who doesn't trust me and wants to basically have a default judgement against me before I default?

You don't realize it yet, but you are basically at break even on your portfolio.

Usually when the interior won't respond to pretty basic cleaning techniques, the porcelain glaze has been worn or etched off.

There is the concept of diminishing returns.

Consider adding some basic contact info to your signature.

I find all the houses myself, I basically do everything--I feel obligated to stay w/this guy for some reason..Anyway, my question is if I ask him to ;ower his %, how does this affect me with a purchase?

Keep in mind that there are two types of marketing:1.Sweat Marketing2.Paid MarketingSweat Marketing is marketing in which you contribute your time and requires physical action.There are five basic types of Sweat Marketing:1.

This will be my first REO offer and I'm completely new to this concept.