Look elsewhere if you want flips that aren't going to be constantly subjected to vandalism, theft, and home-cooked meth projects.

Govt needs to be in markets to ensure theft, fraud, and other gross mismanagement does not occur.7.

This is not good for the average investor, it is a theft of Wealth, period.Though it may prove profitable for the GSE's over straight selling.

James, I do have an identical unit comp (215K).

I'm an identical twin, and had a GREAT time with it growing up.

But I'd be grateful for advice from someone with more experience.Here's an example property:4-plex, 2bd/1ba unitsAsking Price: $170kRental rate at leasing office (other identical units) is currently ~$575/mo.Realtor summary shows estimated gross income at $28k/yr, estimated NOI is about $18k/yrBoth property and the community look to be well maintained, HOA appears healthy.Some readily apparent risks:*With 25 other identical buildings, it may be competitive to find tenants.

They do have one 4 plex in the same area that is identical for sale for $170,000.

The reason for this is it keeps identity thieves from accessing your cash accounts,I highly recommend that you dispute this with your credit card company.

Your points were very identical to what he mentioned.Any extra advice is always welcomed!

Here are a couple of observations that I've made:Virtually no two trusts are identical.