Knowledge is power:Thorough Inspections: Minimize surprises with detailed inspections and due diligence.Strong Screening: Careful tenant selection reduces vacancy and headaches.Diversification: Spread your investments across different locations and property types to mitigate risk.Financial Planning: Maintain a buffer and choose financing options that fit your long-term goals.

. $25,000 rehab budget, will have on the market in less than 45 days What made you interested in investing in this type of deal?

I would look at this venture as some type of vocation (I.e. plumbing, electrician, framer).

The problem with selling is a lot of that equity will be lost when you sell it either through taxes or payments to your listing agent.If you ever have the ability to limit these types of fees and still be able to use your equity to fund additional purchases I think you should.

It takes a lot of phone calls and asking around, but you can normally find a local or regional bank that is willing to work with investors on these types of properties.Mike

They don’t have any law firm they work with, that’s all BS they list NPL for title and note holders.I buy and Sell a lot of homes, I have worked with all types of Business as well that do this, PREREO is nothing more then a Wholesaler, nothing special about this place.

With the current market conditions, I can definitely see more of these type properties becoming available in the future.

Permits are basically only pulled for electrical and plumbing of if they get caught.. its the only way to make the rental houses cash flow in many of those markets.On top of that licened contractors many times simply wont work on those type of properties there is no money in it for them..

What made you interested in investing in this type of deal?

ThanksDan there are people who do "Gator" lending which is a guru course taught about this type of lending.