.- He's asking $130,000 as lowest price for the home- Home appraised for $117,000 in 2014 according to records- Current comps show right around $120,000 in his area- (Sidenote: Seller paid $70,000 for the home back in 2010)I approached him asking if he would consider a lease purchase. 

Thoughts on how to approach this situation?

One of my wife's uncles was in charge of one of the properties which is zoned for commercial/residential, it is a 1708 Sqf office space/small warehouse on .36 acre lot.Which with some research it can be split into 2 lots.He let the property go to the dump, needs a new metal roof, and gutted, replace plumbing/bathroom, replace electrical etc...Now my wife’s Aunt is in charge of the estate and she was the one who approached me.She said they will "sell" me the property for $30K (estimates from Real estate agent say property is worth $43-$53K in current condition) Which then I could clean the property up and try to resell with the improvements.Now if I did replace the roof make the inside look nice and clean the overgrown landscaping I was told (real estate agent) it could get about $60K, but there are back taxes and liens on the property as well.Plus closing cost for when I sell it, I have run the numbers and it seems that I would MAYBE make $3000-$9000 conservatively.But I am real concerned over the fact that it is used as an office/commercial, and wouldn't this limit buyers?

We could have gone with a 203k instead of your client’s offer, but chose the cash for obvious reasons as timing is critical to my clients and they are counting on the closing this Thursday, June 18th.It’s a shame your folks do not have a contractor relationship who understands how to create a quality product, while ensuring an investor gains a healthy return on their investment.

Account Closed  Our approach in some of the villages is to pay to get the village inspection & GC bid complete before the end of the contract inspection period.  

Hello All-Long time lurker here; I've been reading and soaking up as much as possible the past 2 years, and have recently come across my first potential deal.Background-  I have been discussing strategies and seeking ...

Hello All-Long time lurker here; I've been reading and soaking up as much as possible the past 2 years, and have recently come across my first potential deal.Background-  I have been discussing strategies and seeking ...

Is the approach that he/she would function as the buyer's agent?  

The "I don't care approach" lacks integrity and care.  

As I approach a career transition, I am looking forward to starting a new business endeavor soon with my wife into the real estate world, with the goal of one day getting out of the proverbial "rat race."