Define your end goal and the play around with the rule of 72 to figure out a more moderate annual return that will get you to where you want to be.

quick update , yes Bill the red cross came in with a debit card for food and family stepped up to find housing temporarily.Repairs look to be about 25kwill take 4 weeksinsurance company not out there yetsec 8 inspected will most likely give a move voucher to tenant but I would like to keep her in the property if possible.Insurance is for 25k so lets see how that plays out.

That total DTI ratio can go to about 40%, maybe 45% with stellar credit or other mitigating factors.This deal looks fair at best.

Try to figure out why the seller thinks $1.1M is a fair price.

Before we start playing attorney, I'd just suggest that you call your agent and tell them that you understand that someone may have been injured on the property, tell them what you know for sure, if anything, and tell them you'll keep them posted if you learn anything else.

Just considering walking and bike paths plays on terrain features, parking for bikes for bikes around shopping, and work centers, which includes most all public areas.

I don’t know how this will play out, but according to HUD (here), there are still 3.6 million properties in shadow inventory.

It is fair to assume that when you sell or if you write an option you will not be in violation any agreement.

I believe fairness in structuring these deals is very important so as not to be preditory by the seller.

None of that seems to be working because it seems like when agents are involved we end up at fair market price.