I first saw the listing at 8:00 and email the listing agent because I figured it was too late to call.

You can track the property through HUDhomestore.com and even set up notifications to email you when it becomes available to investors 

Cashflow is also a determinant factor. email to share more details.

You buy it for 239k need 40k for work = 279k. there are many private /portfolio /hard money lenders that would lend you 224k so that you need 56k plus fees to complete the purchase and repairs.If you don't know any lenders that do this type of stuff send me a email.

I am reviewing my HUD statement and last 9 months taxes, security deposit for both sides, and prorated rent is in 200 section and is being applied to the loan which I am taking.My questions.

The rate does not change and remains constant.To correct your statement above, it should be:  -- Our Annual Interest Rate is 15-18%. 

Personally, I take dated and time stamped photos of our work, require signed contracts and change orders for work to be performed and text or email any important information relevant to the projects completion all in an effort to document just in case.

I like to have an email, phone number, and website (with forms). 

@Lenin Belangonda PM me here on BP or better yet email me at [removed email address] I'd be happy to tell you what's what from my perspective and I'll also tell you that you should factor in about 10% for good property management from the beginning and then find someone that fits your style for about 10%.

I put one on craigslist and got 50 emails in a couple days!