The other problem you will encounter is if, those three units are not habitable, then many a conventional lender will not subscribe a mortgage on the property.If the property is really able to produce 40% net cash flow before taxes (after debt service and reserves), then the price you have been presented is extremely advantageous and you should have no problem attracting a either a partner (JV) or private money.  

Never approach people that are scamming or stealing services.

He was scamming people to deed their homes over to him, then paying the back taxes to prevent the auction, and having the previous owner rent back.This is all done after the fact.

That is the big part of the scam.

Z reports is the daily sales report of the C-store that can be printed from POS (point of sale) or cash register Common scam is, the items will be rung up without actual sale.

Scam or reality?  

Is this just a scam?

@Thomas, I agreed with what you said, that's actually what I thought my lesson was from these two painfully encounters.

You can dabble over time in making yourself more relaxed with social encounters but it will not move you forward at this stage of your business.Find the partner you need that has the social interactive skills to be able to sell dead cats.

This can sometimes be just so that the owner does not receive spam, but be aware that many scam sites use this as a method to hide their identify.