Originally posted by @Cam Cummins:@Joe Villeneuve thank you. 1.

Originally posted by @Clifford Still:My in laws have a house that they are planning to let go to foreclosure, my suggestion was a subject to deal.

Originally posted by @Chai Jonn:@Paul B.Paul!

The 'upsides' for purposes of analyzing this deal are:  1) one of the 1-bedroom units has potential to become a 2-bedroom;  2) basement is finished and can be made into 5th unit;  3) some of the existing tenants are paying below market rents

Originally posted by @Jan Styrczula:@Antoine MartelThank you, He basically said that he’ll take care of the rehab part since he does it all the time, and I only have to put up my money, does that make sense to him to make “only” 50 %, is that how it’s done? 

Originally posted by @John Jackson:Ahhhh....Fee Simple Title....I can't tell you how many attorney's I've had to educate on what fee simple title is. 

Originally posted by @David Cruice:When you say "locks to the entrance door", which lock(s) are you referring to? 

What due diligence is necessary when taking over a property with existing tenants?

However pending the condition of park owned mobile homes and existing pads/utilities I think this has a lot of upside due to location and a growing city. 

Originally posted by @Guac F.