. :) You could find a couple cards with zero percent balance transfer offers and move the balances to them to stop the interest charges.

Basically, on several occasions she has taken customer's cards and charged thousands of dollars. 

I copied this from a search on real estate ROE:Return on Equity (ROE) ratio calculates the amount of return generated in a particular year on the total amount of equity invested (or trapped) in a property.The amount invested (or denominator) is calculated as the initial investment (down payment) plus the entire increase in net property’s appreciation and the entire decrease in outstanding loan balance incurred prior to the year the ratio is being calculated.Cash-on-Cash Return is a similar calculation, but since the two draw backs of the traditional Cash-on-Cash Return are that property appreciation and principal debt payments are not factored into the formula, Return on Equity adds these two components to the traditional Cash-on-Cash Return calculation.A property’s net equity increase is calculated by determining what the “Net Sale Proceeds after Taxes” would be at the beginning of a year, and then again at the end of the year.

The thing is, they wouldn't charge a closing cost and take care of all appraisal/title fees etc..Ideally, my goal is to cash flow as much as I can monthly so Traditional Cash Out Refi seems like the better way to do that.

The thing is, they wouldn't charge a closing cost and take care of all appraisal/title fees etc..Ideally, my goal is to cash flow as much as I can monthly so Traditional Cash Out Refi seems like the better way to do that.

Initially I thought it was a great prospect.  

Do we replace and charge the owner?

By your logic the expenses could be 10x your initial $20k, if we're not going to put any real thought behind it.

You should do your own due-diligence that the rent the landlord is charging is at least reasonable.

I’m going to initially offer $260,000 and hopefully not get ignored and cussed out haha.