Team
We are looking to buy a REO in Alameda County - Fremont, Union City and Newark (one of these) and are planning to move in there. Currently, we live in Concord, CA. We saw couple of houses and one is listed (REO) ...

seems like a good deal for all, but I'm not an expert on this kind of thing.

The house payment is actually $600 more than his rent so he will be putting out much more money each month, and we won't have to make up the difference. seems like a good deal for all, but I'm not an expert on this kind of thing.

We found out who held the note; it had been sold twice and was a non performing, first position note.

Your offer is really the best deal for her..she may get slightly higher, but they're not experts like you are.4.

If any of you seasoned experts want to pay your success forward and kind of knock my plan apart as a means of instruction via PM, I'd appreciate it.In the future, I want to move into buying - rehabbing - selling homes and in the very long term into building a portfolio of rental properties.I've read on here that folks are buying lists of distress properties updated daily.

However, I have read some 'experts' that say unless you practice with your semi on a regular basis you are better off with the simplicity of a wheel gun.AdrianG: after you spend some time reading the many useful posts all over this site, you will see that some of us rent to low-income tenants where we are actively involved in cash rent collections, delivering eviction notices, chasing drug dealers and other undesirables off property, doing repairs at odd hours, etc.

I remarked that the inspector who officiated over this issue allowed me to run a pop-off (TPV) drain line through the attic since the crawl space is considered non-accessible.

It is not at all uncommon for commercial leases (also non-residential contracts) to have an arbitrary, high, deposit requirement.

The reason I am considering College Rentals is I assume with proper location one would have below average vacancy and would be able to rent units out for larger monthly rents than a similar unit would rent for in a non College Rental market.