Absolutely this can be done.But i would not expect to get face value for your note on an arms lenght transaction.Kind of like trading in a car in.

It will end up a wash in price but you will not have the problem again for some time.

Meanwhile this same person just purchased a new car at 42K.Apples and oranges.

Also the same is with the garage he has tools etc. in there but I can either make that another charge or if not rent it to someone who wants to store their car?

Hertz car rental was the number one in the industry far ahead of the number two company, Avis.

Its worked out well and saved me 12%.An investor I met lives in Wash DC and has 20 rental houses in FL.

Here are the vitals:4/2 split level, single car garage, 1968 sq. ft.  

I made sure we painted the house the EXACT same color since I did not want to waste 30-45 days waiting on the HOA, but in all fairness to whatever neighbor called us out.... when I purchased the house it WAS GREY-ish.... and after we pressure washed all the mold and mildew off it was BEIGE-ish.    

I am wondering what methods people have found most efficient and effective for searching for listed properties in an area that are priced lower than the surrounding homes.I bought a car recently and there was this great website that would aggregate the cars listed on a bunch of sites and every deal would get a ranking from overpriced to 'great deal' just based on comparisons with similar vehicles.I'm trying to find some way to do a similar search with listed properties.

One of them has no debt and the other has a car payment of 422/mo that he hasn't missed for 2+ years.