I would want 40k or 50k reduction as example for the my time and trouble dealing with the issue.No legal advice given.

The property was cashflow positive, producing cash 25% in excess of monthly expenses, including taxes and insurance. 

It seems a lot of counties postponed capex during the recession and are now assessing their way out of trouble.

I'm purchasing a property in Cleveland Ohio, and my plan is as follows: The landlord needs to get out of his loan for his current non-income producing rental property.Current Value: 64K FHA Loan Payoff: 49KCosmetic Repairs: 5K (elaborate upgrades to with this price)After Repair Value: estimated 75K Rents: $700-$900Purchase w/ Hard Money Loan 6months -1year to SellRent till PurchasedTaxes will need to be paid (unsure of the amount)Now my question:When creating your purchase agreement do you need "and assignees" added to the signature part of the contract?

We are new wholesalers and are finding plenty of houses to sell but having a little trouble finding  legitimate cash buyers for our properties/ We need some advise on how to find these cash buyers and get the deals done  

I've used simplified spreadsheets over the years and have altered them after finding and understanding things like cap rate, GRM, and a plethora of other RE goodies.Two years ago I realized I needed an income producing strategy for retirement.

It's possible your criteria is not realistic if you are having this much trouble finding an agent to work with you.We get people all the time that want to buy houses for 30k in areas were the houses sell for 60k.

I believe my troubles stem from these facts:1. 4 of the 5 units are vacant.

I am looking for some help or advice with a few specific things, and this is probably the best place on the planet to ask, so here goes...I am looking to acquire rental units, but I have some road blocks that I'm having trouble navigating around.

My business partner Sam Colon (he's on BP but having a little trouble with his account - I'll tag him in shortly) is in charge of managing the renovations and designs on our projects.