Hello Brian,Can you explain the maths a little more?

Under ideal conditions, I wanted to know whether investors would wholesale, flip or hold onto a property like this - with such a large plot of land, rural area with hunting & fishing on site, the sturdy brick exterior many buyers seek & all.As for the numbers, I think the seller is hoping to get close to her stated appraisal value ($252K) but I plan to explain to her that it's out of the question since I am an investor after all (which I stated in the yellow letter).

Explain to them that you are trying to sell it and it needs to be empty.

How you do that is you explain that evictions will occur if rent is late.

That's exactly what I did when I was in your situation...I would 100% do it again...Things I did well-Found one that was a for sale by owner that needed some work - gave me a lot of rehab experience-Fixed rental side first then lived in and worked on my side-Use Postlets and Craiglist plus yard sign to advertise vacancy-Change my voicemail message to explain all details of property = saved me many calls explaining the same thing.Things I would do differently-Read the tenant screening book on this site first -Always do open houses instead of individual appointments-Ask people to bring their dogs if you allow to appointments-The location of house was great for all things in my life; but would consider moving sooner to have multiple duplexes with owner occupied financing

I was trying to explain a way of land lording with centralized operations, funding, personnel, and purchasing.

If I am using a contractor I explain to the tenant (if I can not be present) that the contractors are professionals that enter dwellings on a daily basis to do their job, that's all they care about, and if there had ever been a problem with an employee like that I am sure they wouldn't be employed there.

Lots of potential upside when buying notes at a discount as explained and elsewhere in BP.

But I'd call and find verify the amount owed and explain that you would like to buy it and see if you can work the short sale.

Explain that you won't qualify for a few months but you will soon.