I am very outgoing and looking forward to the challenges this new adventure will bring. 

However, I wouldn't take what the owner tells you at face value.

One of my tenants has a sweet Dodge Challenger that just died.  

My brothers a broker, and i have decent reserves, and great credit, so getting a construction loan wont be difficult...it may be a challenge but not difficult3 closest comps, 799k, 865k, 878k and none of these properties were rehabbed all of them needed full gut..I know theres so much in between but just looking at the surface to start withAdvice from some builders....Thanks in advance

I have been spending time studying materials on BP to know more about real estate investing.I plan to invest  in Nigeria and Uae but there are no post ,blogs or articles on BP that i have read so far that talks extensively or give strategies based on this two markets .So the challenge I have is that most of the post on Bp talking about stragies of acquiring a property and rentals does not really tally with the Nigerian market.

But to those that have proved themselves to me, and I had the money to do so, I did the following stuff for them.I would give a months free rent to tenants that were with me for at least three years and paid their rent on time, when they were facing hard times, and never made them pay it back. 

It's made it a little challenging to figure out what neighborhoods are good and which are not so good, but I've been driving around a lot to get a better feel for the area.My long term goal is passive income from rentals, and from my research Spartanburg is at about 50% renters to owners, so that sounds like a great place for buy and holds.

Landlord tired of rental facing foreclosure on two properties one vacant and one with tenant, vacant property hasn't paid in two years waiting on bank.

I have been spending time studying materials on BP to know more about real estate investing.I plan to invest  in Nigeria and Uae but there are no post ,blogs or articles on BP that i have read so far that talks extensively or give strategies based on this two markets .So the challenge I have is that most of the post on Bp talking about stragies of acquiring a property and rentals does not really tally with the Nigerian market.

Bank regulations simply would not allow FDIC-insured money to be invested in such a poor credit risk but the beneficiaries of the deceased man's mortgage deserved payment so they sold the non-performing mortgage to a Boise " Private Note Purchaser" for a small fraction of its face value because the heirs lived in a small community and did not want the infamy of being the ogres who would compound the misery of an unlucky family by seizing the home through foreclosure after the occupants had suffered the loss of their son to childhood disease.The Boise opportunist had no such inhibitions.