We are actively looking for foreclosed properties that need a bailout.

I'm not purchasing this property at a discount so I want to make sure it's worth it.

There are lenders doing this now.

Now the Tenant Buyers / or Wrap Around Note payors are REFINANCING and getting ALL new financing which means the underlying Note which we took over SUBJECT 2 is being PAID OFF in FULL.

Many investors are looking at the property so I was going to offer full price with $10,000 deposit.Rent situation:Unit 1 -- Current: $800/mo Projected $1200/mo (this is the one i want) - month to monthUnit 2 -- Current: $900/mo Projected $1000/mo - lease expires Jan 2025Unit 3 -- Current: $800/mo Projected $1200/mo - lease expires Jan 2025Any ideas?

You will find the BP community here in Chicago to be super helpful!  

@Alfred Johnson Keep at it.

I'm currently looking for more resources so I can see how real people are finding and closing real deals and what are realistic and possible cap rates and cash on cash rates. 

If not, well you know the old saying, "the best time to get a lead paint certificate for your units was last year; the second best time is now".I've been told that the RI DOH may not start hitting people with fines for failure to register on October 1 as the law allows them to, due to the insufficient # of inspectors in the state to meet the demand.However, I've also been told that the other part of the law, the one that makes it so you cannot file for an eviction in RI without a current lead paint certificate, is expected to take effect sharply on October 1st.For anyone who hasn't submitted their properties/units to the new registry, I have a 15-page guide (with screenshots) that walks you through it.

Either way there should be a judgement for the rent owed at least.