I guess my location wasn’t showing on my profile.

My guess is since you don't understand property depreciation, that you are likely not claiming other expenses correctly either.

I guess house hunting is not at the top of the list for people who just got off work themselves.

I m guessing this isn’t enough to actually do business and stuffs. 40k.

In the area that I live, I would guess that 99% of the potential buyers won't care about it.

I guess he wasn't making the money he'd hoped to and wanted to get rid of the duplex.

Large servicers don't charge people for modifications, but I guess since it's private you may be able to, but I'd do some research on that and any legalities. 

In the current state of the market, my guess would be driving for dollars, taking note of the ugliest house in the best (nice enough) neighborhood, then trying to find the owner and reach out directly.What part of GA are you in?

It has been booming for awhile now ... how much longer and higher it will continue to go boom before it goes bust and how far and deep the eventual bust will last is anyone's guess, and I believe it to be a fool's errand to try to predict such things IMO.

So, my thought is, maybe I can buy the property for well above market value, let's say $350,000, spread over a number of years (tbd, whatever works), which would equal significantly less than I'd be paying on a conventional mortgage, and would also allow the buyer to feel great about getting a good price.My questions, I guess, are as follows:1.