Offer to make back payments to make them current to prevent the foreclosure process and to buy their home for what they owe on their mortgage plus a cash for keys.

By notifying the authorities, you will hopefully be preventing the agent/investor from pulling the same sloppy stunt again, thereby saving others from the same frustrations you feel.Whichever route you take, try to get the emotions out of the way, let it go and keep moving forward.

Good screening may have prevented this .

(Perhaps this could have prevented the other offer from being seen before they signed yours. - Some properties are situated where the bank has a deadline and the the offers are all reviewed at the same time and weighted accordingly.)3) Know the specific instructions: Every bank is different!

Does anyone have any thoughts on me deducting Airbnb costs (where I go when there's no heat and/or burst pipes) and high utilities -- landlord has five space heaters going in my apartment to prevent more broken pipes going forward - and replacing damaged things?

Any suggestions to prevent occupant from trashing the house if I start eviction?

Do your due diligence to ensure the specific terms of the offer make sense, that the buyer has proof of financing or proof of funds, and that nothing is going to prevent the closing from going through as expected.

First I try to do as many preventative upgrades as possible/practical during the acquisition.We have a lot of really old rowhomes in Philly.The capex items can be costly but not as much as your estimates, for example:New flat roof runs 2-5k depending on size.

The house is in a great area but it is missing some key items on the interior and the lay out itself seems to be what prevented the house from selling.

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.