Also, many times the prior owner has run off with any security deposit.

Low cost process that yields a nice result, just a regular gray paint works wonders on the floor.

Bought new large machines for about $1700 I believe (delivered, w/ heavy security covers for coin boxes), so they should pay themselves off in about 2-3 years.

Today that is not necessarily so.There is a very good Meetup in Columbia BWI Meetup in Columbia Several members here are regulars.

To clarify, the owner's name is not a bank, just a regular John Doe, but it's obvious their mailing address is not where they actually live.Thanks!

You can even get into some duplexes to to increase the number of units purchased to help you "move faster".As far as increasing your annual income to purchase more property sooner, you may want to consider starting small business of some sort on the side to supplement your regular income.

If I were young, had a SECURE job that I could make a living at in these times, you'd have to get a team of wild horses to pull me away.

The sale of an LLC is not a sale of real property it is the sale of a security since that is what you are selling, shares in the company whether in whole or part.

They are motivated by demand and timing - some banks try to get vacant properties off of their books ASAP and will drop the price regularly until they get bites.

A lot of people do that to secure the homes.