Then the lenders relied on your results as if you had performed a full blown appraisal.

kinda like the libs who do nothing but chant "i hate bush" but offer nothing in the way of ideas to improve this country's lot.but you gotta love all the folks out there that will watch the news and buy into the hype.

It only applies to the improvements, not the land.

Don't worry about it getting destroyed by tenants, good screening, high security deposits and having rentals in the right market.Your rental should be improved up to, and a bit beyond the competition.

I have credit partners who will purchase the property and then put it in a land trust and the buyers will have 2-5 years to improve credit and get conventional financing.

This forum is for members to use to get help, make suggestions for improvement, etc.

Using a downpayment to "make them" cash flow does not improve the quality of the deal.

Trying to improve on your system?

Filing a lien on the property against the owners based on the failure of specific performance by them not honoring the sales contract may end up being a stand in line and take a number subordinate lien.

One option is to slowly buy up the neighborhood, and improve the property values and tenant base.