., in a civilized area and had improvements or was easily improvable) was taken off the list.  

Since you plan to throw her out - see if you can help her move and find some place for her, Medical is very helpful for assisted living I believe - or perhaps get her family to do so, if she has family.I think someone else mentioned the 10:1 price rent ratio - I use this as a rule of thumb so the way it is now it doesnt work, but if you can improve the rents it will work. the price doesnt seem high for 1700 sf in LA.

How old is the building and have there been any capital improvement to it?

Many capital improvements recently made to the property including new paved roads, Welcome Center with laundromat, and ADA compliant bathrooms.

After you get the tenant buyer to be checked out by the RMLO, and you have a letter that says that if they pay down debt or increase their income or improve their FICO score over two years or whatever, they should be able to get a 3% FHA mortgage, you then have the tenant buyer deposit$$$$ into the title company or attorney’s office.8. 3% assignment fee to you9. first and last months rent to seller10.

I think I would be willing to invest some money in improvements to instill a little confidence in a seller who might otherwise not be willing to take the risk in me.

Yes, the prices are not always on point, but you know the inventory of that area and the prospects you would be able to drive by.

With partnership in mind, the seller is my inventory, I do all of the work, and they just sit back and wait for me to bring them money. 

Mark and I finally agreed on an improvement plan today, which is why I haven't really started on much before today.Folks, I gotta tell you.  

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