Gets sued and loses?

The property needs to make sense with going in rents for the purchase price you are paying.Wanting to raise rents is all good and well but do not depend on that to make the property work.I have seen many buyers lose their shirt thinking they will just come in and do these big increases and then the cash will start flowing in.

Pretty easy sale when they are a few weeks from losing the house, especially if there is enough equity to give them a little coin in the deal.

OK, so this is well into the process and the "trustee's sale" (or whatever its called in FL) is set for Jan 20.Yes, if she does nothing she is going to lose this house on Jan 20.

If they get evicted, they lose their Section 8 benefits.

The owner of those rights can buy you out 5 mo down the road for what you paid and you lose your repair investments.What is done in Georgia is going to be specific to Georgia.

My problem is I'm not buying the home for my benefit but rather to keep my parents or more specifically my mother from losing it and the problems that go along with such.

They can cause a lot of trouble for you if they get ticked off and see an attorney.Then start over with an attorney.If you can get out without losing money I'll be very surprised.I'm not jumping your tail here, but this is the type of thing that happens when people just read strategies, guru books, listen to unknowing mentors or take off on their own as if RE is like selling a car.

If the back taxes are $800 and they aren't paying them they will lose the property.

I'm ready to lose it tonight.