I stated that my business which is a 10 year old established business with over $2M a year in revenue would be a boost to the otherwise dead complex and the owner basically responded saying he doesnt care, he just wants to sell it and be done. 

The deals that I've seen with no contingency are deals where there was a lot of competitive bidding for a desirable asset.There are at least 4 scenarios where an offer without any contingencies can make sense1- Very low earnest money with non performance penalty limited to earnest money2- Long future closing date so purchase contract acts as an option3- All due diligence completed prior to execution of purchase contract4- Willingness and ability to purchase all cashTax sales, foreclosure sales, final sale auctions are all examples of purchasing a property with no contingencies, other than perhaps good title - and at foreclosure sales even that's not a given!  

@Tyler Duffin Rentals in SanTan Valley can and do perform very well if they are in the correct location. 

Sounds like these owners took the issue seriously and performed a proper remediation for $40K but you don't know.

whenever you're driving somewhere or performing mundane tasks at home - https://www.biggerpockets.com/podcastStart examining your local market - get set up with a search that shows you all of the properties for sale in your area.Once you start to feel comfortable with the methods and terms used in REI, start to network with other investors in your area or on BP.  

The whole idea behind BRRRR is that you pull equity out of the deal after a rehab is complete and you've boosted the value of the place.

I'm a full time investor performing rehabs and new builds, now ramping up marketing to find better deals.

Evictions can be one of the worst things to disrupt the performance of a rental property.

Now it's up for foreclosure auction with the sheriff.Property 2, maybe someone bought it before the auction, or someone bought the note and got the note re-performing, and removed it from the auction.Good luck!

A consultant is required to perform a thorough home inspection to do the complete work write-up.