Since what you probably want is a ballpark, and I am new enough to note buying to probably not be the buyer of this note, I'll go ahead and throw out a number and my thought process, with the comfort that you can't hold me to it since I'm not a "real" buyer.Because you mention that the payor likely has poor credit, but he does have a year of seasoning, I would want to mitigate this risk appropriately.

I'm sure she's well aware, considering she stated that she currently has poor credit.

My realtor forwarded an email chain between the scammer and this poor lady who was interested in the property.

If there is no recourse, then the decision to not settle may be one of either misinformation or pure spite.In the case of being misinformed, you can try and escalate this matter within the 2nd's management, or u might increase the offer.You can also offer to purchase the note, though this will likley cost you much more and will depend on the right numbers.It sounds like, misinformation to me since they are using tax value to determine market value which we all know is a poor determinant.

An 80 y.o. lady who seems in good health; no cane needed; good hearing and responds; filled out most of the application (size of print is around 12 point) with her glasses on and an intelligent conversationalist.If I picked the 80 y.o. lady, what kind of complications will I be running into down the road?

Then there is the issue of a poorly created trust that is like a noose around your neck.If it is as good as it appears to be why isn't everyone doing this?

Whether it makes you wealthy or puts you in the poor house all depends on what you put into your properties.

Poor man's photoshop.Open Office may have a solution and that's free.

And, if things go poorly, it can be much lower or even negative.But ultimately the 50% rule is simply is simply a prediction of the NOI.

It may cost some time and money but forgoing that can often lead to a poor investment in the long run.