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Do you really want to get in the middle of this?
If you're serious about buying, then eventually you'll have to go talk to the tenant. Have you done so? Each side will have a story and the truth will lie in the middle which is where you'll be as well if you take this on unaware of the true...
Gamble only what you can lose......
Here's personal experience:
We suffered those "unforseen" emergencies in MT. We sold our home and put every penny into a sales & security agreement protected by a trust indenture 8 years ago. We bought a c-store, 2 homes, mobile home park and RV park. After...
What is the name of your state? MT
8 years ago, we purchased with a sales & security agreement protected by a trust indenture. The seller died and the Heir took over the estate. The Sales & Security agreement stated that if defaults occured we would have 30 days after written notice of defaults...
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