Next, I talk to the people who respond to my ads and see if their property qualifies for my program. I categorize their property and determine what type of deal I'm working with.
First of all, does it fit one of my two criteria above (price or terms). Second, what am I going to do with it after I own it.
What if they have an undivided interest in a fourplex. They want to end their investing enterprise, but they can't agree on the disposition of the property?
An action for partition may be the only solution. That means one of the investors turns to the court to decided how and when the interest in the property will be divided.
Death and taxes! The certainties of life! And then, of course, there are the mortgage payments, the utility bills, phone bills, the car payments and thirsty automobiles. Add that to the grocery and clothing bills, and there appears to be more then just death and taxes as certainties of life.