Care to share the numbers (sold comps; expected monthly rent; your thoughts on offer price)?

She expressed "well I'd like the money, I'd just have no idea what I'd do if I sold."

I have sold hundreds of investment properties over the years with the ambitions to one day buy my own.

He said he buys tax liens on homes that are mostly to be sold by the owner. 

I think that the property manager just did not want to pay for renovating a unit that was going to be sold in a few months. 

A conventional fannie mae/freddie mac loan all follow the same underwriting guild lines and most get sold to the secondary market (30 year bond). 

That means you are responsible for all the items that failed. if it is a 3 family or above, you should check the status of the Green Card (Certificate of inspection) with the state. with Newark you have to be very careful with the area. 

I initially thought I would loan money on a short term basis to a group that bought, rehabbed and sold properties, but discovered other opportunities once I networked with other local investors.With a variety of investment options, I met with real estate attorneys regarding required documents and to figure out what their involvement would be with each investment. 

A 2/1 950 sq ft house that needs a complete rehab and in a bad part of town just sold for 170 cash.

This particular home sold for like $560k in 2006 and the bank took it back at the auction for $225k (loan balance I think would have been around $360k) and there was no second lien or any lien that would incumber title that I could find.