Based on the numbers would this be a deal that you would pursue , what are the whys and the why nots

You may still have a lien on the property and can take action by pursuing a foreclosure or negotiating with the "new" owner.

Seems like a no brainer for me to pursue it.

I'll ask for repairs/maintenance records for the past 2 years if things are worth pursuing.

Brady:I would be considering that course of action, but first I would pursue answers to some of the questions raised by Ned and Steve: 1) Are the vacancy rates you are referencing accurate?

In the event the property has two liens and regardless of which one you pursue, understand there is now two investors who desire to recover from the property the unpaid balance of their loan plus fees and interest.

HUD views the occupancy obligation seriously and vigorously pursues violators to the fullest extent of the law."

Good luck if you decide to pursue it.

Help me out BP, is there any other way to pursue this property?

We have quite an active community here in Houston.If you do decide to pursue your license, I'd recommend Champions School of Real Estate's online program.