Additionally, he was very clear he didn't deal with third parties and would not wire money to attorneys or closing agents and certainly not before receiving the fee.

We do turnkey in Birmingham and we focus solely on B/B+ properties, which typically run from $65k-$120k depending on the property and the locations, average rent of $950, so we know the area well.

I will tell you that I have learned far more with this company than any typical real estate gig or seminar will give you in a short amount of time.

Having just received that check I come to find that all these extra fees have been deducted from the rent.Total Sept rent: $1675Fees from rent: Eviction court fees: $480Management company fees: $120Terminix, beehive: $189Energy bill: $1536 days rent: $334.98Total: $1276.98Total rent due to new owner: $398.02I did not keep on the management company at the time of closing.

For example, one of my typical whole house rehab budget sheets will be in the 5 to 6 page range, with SKY level detail to follow the rough fixture budgets.

We received September rent from both units, but thus far only received October rent from one unit.

@Daniel PattersonDefinitely check out Frank's book like Roy mentioned, but we typically use Cash-On-Cash Return, Cap Rate, and Cashflow after all expenses, renovations, and debt service.

The attorney requested my information and told me I would receive a letter prior to auction with more details on the property.

A virtual ssisstant who usually works for you out of this country and will typically be cheaper and good at what you need and you typically communicate with you by the computer.  

They may still put a time line (typically 60-90 days), for their own protection if you decide to buy that property with another agent.