Caveat Emptor:  Many state prohibit 3rd party intervention during the foreclosure process - -  having laws against "Buyers of Equity".STRONGLY suggest you consult your state regulations in this matter BEFORE  you attempt to contact the Bank or the current Owner.

(let's call these "other costs").Let’s say I actually spend $10,620 per year on other costs (this number is conservative by the way).

@Shawn Holsapple@David FaulknerAccount ClosedThanks for the suggestions and from all the above good suggestions i found that I have looking at the deals like I got on the rentals and comparing the ROI as the same and I have been conservative and now I will try to raise my purchase price a little bit.once again thanks for your good suggestions.

HI Marc,Hang in there and be conservative.

If it is an IRA LLC, are you saying that you can control and make decisions without third party approval, paperwork, or fees?

Wholesalers (like me) who find deals/seller often partner with other wholesalers who can provide the other link in the transaction (buying party).

I can sympathize with both parties here, you as the landlord, and your tenant.

However, if you are concerned with the time it would take to fill a vacancy, you will want to move slower and raise rates more conservatively.

The numbers posted below are very conservative as are the properties finances CURRENTLY.

We don't mess around and want the best for all parties.