Also messing around with things might make the problem worse and then you have water damage you didn't expect and it compounds.There are some things with the apartments I had that were basic and some that were complex.

The center of the house had fallen in on itself and virtually everything was oozing and decaying front wood rot, termite damage, water damage, copper theft, and virtually every other form of abuse a house can possibly be subjected to.

.* Certainty of no damage* Generous Property Inpections* Offer to pay minor maintenance (First $50 dollars) to save them moneyHope that helps.Brian

Essentially, I would be taking all the monthly payment risk, vacancy, turnover, and deposit/damage responsibility from him, in exchange for a deal on rents to compensate me for that risk.

i have a distressed owner in a decent area , and the arv of the property is 204kwith no fire or water damage .what should i offer initially ?

(I saw the damage and other tenants reported hearing the noise.)

Let them know, if they move out before the eviction and everything is clean, then you won't pursue back rent and damages in court.Otherwise, the Sherriff will come riding up this week, kick him out, lose his deposit, and a judge will help sort it out in a couple of months.

Some examples would include any unpaid rent, late fees, or utility bills and damages to the unit beyond normal wear and tear caused by you.

Even the resale value would be suspect for me because the tenants would likely damage it or fail to maintain it properly.

The good thing is it's easy for a DIYer and it doesn't get damaged by water.