I wouldn't trust anything the seller says is the "lowest" they can go.  

However, you need to acknowledge that really dumb mistakes are made by lenders on many different levels. 

Yes, that exact condo has tenants in it now at $1,350.00 a month, but I spoke to a few Police Officers today about that area of Santa Ana and they said, trust us, you don't want to live there.

My properties are currently just in my trust's name.

I had a good experience with Coastal Bank & Trust.

Tom Anderson if in doubt about a contract or even a bid price, pay a lawyer you trust a few hundred to negotiate the different bids you have received.

Without reading the bylaws, I wouldn't trust anything word of mouth. 

Thanks for the Baltimore data.To answer your question, the reason I'm debating between theses markets is because I live abroad and the most important thing for me in choosing a market is the people I can work with on the ground.I have family in Atlanta that can help me and I really think it's a good and stable market, my only problem with it is that the prices are a bit high for me and I'll probably need to do an all cash deal for my first property (problematic to get funding for an out of country investor).For Detroit and Baltimore I have a few contacts referred to me by people I trust that can help me get the work done on the ground.

Minutes from bus routes that connects to the train which connects to major parts of the city.Ideal Location - located in a mature neighborhood surrounded by several desirable schools.Near local amenities such as a shopping malls and leisure centers.Home setup is desirable - top level and potential legal basement for dual incomeHome is in rough shape and can add value to it (BRRRR method) which is what I want.Alley and Garage parking.Cons - Located on two main roadsThere is street parking in front of the home (2 lanes of traffic both ways). 

Temecula, single level 3/2 great house message me if interested.