Things like cost approach for value ,income approach and sales approach is what most appraisers use to find value.

Professional technicians also utilize units designed to treat those hard to reach areas, such as crevices or the insides of walls.Softer items in the home such as upholstery, clothing, bedding, or other textiles may be more resistant to odor removal techniques.

Is there any way to design around this risk with title insurance?

I really hope to bring a kind of old school approach of sitting down face to face with owners, with no intermediaries or buffers.

Your best approach on this is to buy the note, if the borrower works with you and requests the lender sell the note as a payoff, that's the best way to go.

Since there are only two, with that approach you drop the biggest income and see if the other qualifies alone.

By the way, if this approach IS valid, is this something flippers do/like to do/don't like?

I think if your married you might have a wife with a different doc as well so there is another approach have her drop your cards on her contacts and so on you get my drift.

Anyway, in getting the family involved or aware, make sure you don't make it appear that you need the family's approval for the deal, that will insult the owner as not being in charge of his own affairs.Best approach is to ask about family, what the kids do now, just be friendly and ask what they think of him selling the place.

Although I'm looking into looking at entering the market soon, I actually had this discussion with a friend of mine and he was wowndering what he should do with his capital and how to approach his first deal or two.