I've got a quad under contract. All units are currently leased. One of the tenants is the seller's daughter, and she was given a rental rate $100 less than market to "keep an eye on the place." I've met her, and her f...

Now as for the deed, usually tax deeds are fine until you want to sell, then you either need to clean title or sell to a cash investor at a bit of a discount. 

Many appraisers get assigned jobs in markets they are not familiar with and end up pulling sales straight out of public records which show little or nothing about the condition/situation of the sold properties.

The biggest part of getting started for me was learning how to fill my pipeline with leads so that I could find people willing to sell their houses at a discount.

I'm sure the bank won't take a short sale with that deep of a discount.

Thanks for sharing your experience with the software and the discount download price!  

Do you think you can get a discount on the $139,000?

Jonathan Gregori don't know where I got $160K; sorry about that.It appears your not getting any discount versus FMV with your purchase.

If the property owner and property management company, after becoming aware of the concerns of neighbors, take no action or ineffective action, then I will evaluate whether to make an offer to buy the property (at a discount) or what I can do to shield my tenants better or what code violations need to be reported to the city/county.

I find homes all the time that need minimal work and are too much to get at a deep discount because the owners know that it's worth more but not in the condition that real estate agents are used to, to show and sell.So I wanted to know if there were any lease option investors in the area.Sandwich lease options are a great way to invest because you can cash flow and have the potential to make a nice profit when the tenant-buyer buys.