Damsel in Distress !

[Chasity C.]

In need of a bigger pockets Princess or Prince to SAAAAVVVVEEEE ME!

Okay now that that’s over here goes...

Texas resident here...I am interested in purchasing real estate in my home town (Louisiana) that’s a BLINK small & population about 6,500 a homey place where everyone knows one another by name.

The town is going down and it’s upsetting to visit and see how the community is dying away.

Is doing the unthinkable INSANE or nah? Yep rebuilding it...

There is currently a foreclosure listed at $35,900. The lowest the bank will go is $30k 3/2/1500+sqft basic structure is solid but it'll most likely need $50k or less for upgrades based on contractor's observation, ARV $135k!

A house at this price point is a BANK ROBBERY in DFW Texas!

Here is the issue MARKET DIFFERENCES! I was advised not to do this because it’s not worth it...but if I don’t no one will!

So here are my questions:

Who or what determines a market?

Can gentrification be tackled by ONE person?

How do you shift mindsets of people in this space?

What’s the WORST that can happen?

What’s the nearest insane asylum, I’d like to be admitted (I really want to do this)!

What would you advise ALL scenarios considered...

You may enter, Rapunzel has let down her hair!