Hi All,There is a Project HUD property in Ohio market that I have my eye on which I know has lost its status due to continued low REAC (annual inspection) scores.

Some brokerages with experienced investors it is just a very low flat fee. 

Low and behold, the "tank removal" cost 14k but the additional work brought the total to 18.5k.

So this time around I am looking for a "low impact" tentant.Bigger Pockets has been a great treasure trove of information.  

Expense are quite low: $2000 year taxes, $600 insurance, $700 street lights, $3000 vacancy/lost rent, $1000 upgrading UTL & gravel/pavement per year = $7,300/year expenses.

Also by starting fresh with a run down project I will be able to use my Design ability to make Very comfortable, high end feeling apartments for less then most people could pay someone to do a low quality updated apartment with all the weird layout and initial problems.I would love to meet any of you who have suggestions or feed back on the realities of making a business plan like this come to life. 

Hi I'm looking to purchase rental properties in Milwaukee, WI. Purchase price ranges from 35k-55k. Properties are all tenant occupied. Because of minimum loan/ property amount that lenders have, I'm having a hard time...

In mine, there isn’t, since the only people who purchase those are investors and don’t get the homeowner appreciation bump.Also, I think that your estimate of $1000/yr in repairs is low.

Great city to invest for the long term with that kind of appreciation, low property tax rates, amenities, strong rental rates, etc  

@Lamont MarableBelieve in yourself Wrote your goals down Buy the ugliest house in the best neighborhood Buy low sell high Be all that you can be Winners never quit There ..