@Jose Guevarra  big buyer would have their bank on speed dial and get letter in 15 minutes.. just check public records and see if their company owns multiple properties or none.. that will give you your answer

Would reduce your risk factor for long term buy and hold.

It's only been on the MLS for 60 days.I have not seen the inside yet, but it makes sense that the cost to repair is too much and the bank doesn't want to reduce the price.

Vote that night to hire professional management company. 6) In the mean time, don't expect much by the way of meetings, data and budgets. 7) Board decisions cannot be made via email and board meetings need to be publicized to the owners (the sunshine law) unless you the board is in executive session. 8) Any savvy buyer will see that the board members are serving the same positions, that there are no minutes, no reserve studies, no audits, no financials, etc. that's if this lady responds to an agent or buyer with a resale certificate!

Kim  Kim,Please message me, and I would be happy to give you some information on property management companies, contractors, and how they work together to reduce costs to the owner to give you the best of both worlds.Thanks!

As a wholesaler you should know what to do and how fast you need to do it.Here are some suggestions:Write an offer for what she wants.Take title subject to the mortgage, keep the property, pay the mortgage and profit from the rent and appreciation -- orControl the property with a "skinny contract of sale" with a delayed settlement date, have a public auction.If you control the property for $65,000 and sell it at $80,000 you are doing well (need a partner).I'd say stop asking question and go close that deal.May I ask you some questions?

However, being specific about the apartment it self and then income qualifications should help reduce calls that waste your time.  

This will be his first public appearance since his departure from Lifestyles.

The choice is either to buy and risk all your egg under one tenant or reduce your risk and hope all four tenants stay. 

Had I financed the purchase price alone of $40,000 this capital cost would be reduced down to $104.52.