Let's ask some experts: @Steven Hamilton II , @Dave T , @Bill Walston ...

What if step (What if I could.....)Here is an audio of that...http://www.screencast.com/t/RWOa0JodThen I do a 3 column presentation, comparing 1) the costs to sell to 2) renting to 3) selling on terms.

These days, it's not difficult to find lenders who are willing to underwrite and lend in less than 90 days -- including some large lenders like BB&T and Wells Fargo.

At this point he may even ask for payment for the stress the landlord put him thru, but will be very satisfied with the return of his money.

Results Purchase price: $362k Closing costs (purchase): $9k Renovations: $63k and four weeks Holding costs: $4k (three months) Closing costs (sale): $33k Sales price: $550k Profit: $79k Lessons Learned If you think a buyer, or an inspector, might see it as a problem – Fix itOne of the things that will stress you out more than anything else is worrying if an issue will be identified that will derail the deal, so just fix everything for your own peace of mind and because it’s the right thing to do.Always have a signed scope of workDon’t negotiate with a subcontractor verbally and assume that they will remember the discussion the same way you will.

I bet they have other stress in life and are taking it out on me.

ugh.For the life of me, I can't figure out how the people near that business can stand living next door to literally steaming piles of sh*t.

Have a buffer so if you do have repairs you need to take care of it won't be a stressful situation. 

@Mike T. the structure of the roof is the problem it was already there when I bought the REO and I was aware of that. 

I wasn't sure if my focus needed to be on attracting investors, t or tenants I'm feeling a lot more confident now!