Its strategies include adding bilingual loan officers and creating alternative credit-scoring systems that take into account rent, utility bills, child care expenses and medical payments.

You will also need to analyze such things as the demographics of the area, the building's major components, to see what major systems may be beyond it's useful life, like the water heaters, etc..There's just so much to analyze that I would need to see the actual deal to say if I would personally buy it.

I'm not sure what he can do, but I know that the US has about the worst legal system I've ever seen.

I appreciate the invite, though, and the offer of BBQ.My point is that if people are still buying and selling houses in your town then I guarantee you that wholesaling could be done profitably in your town.Deals are slim pick'ns in every town . . . until you figure out a system to find them.

Confusion leads to disorganization. 2) Have a system to get things done.

the wholesaler purchases it from the manufacturer. the retailer buys it from the wholesaler at wholesale prices, then turns around and sells it for a big mark up.each level has it's business-specific system in place and specializes in its own respective area.buying a property "wholesale" is similiar, thus the name.there are so many posts on this, check some of them out too.

i'm talking a GOOD 6 months to a year of learning about finances (both personal and business), real estate investing - benefits and risks, business operations, and some systems for analysing properties thoroughly.keep in touch.

I have been looking at The Landlord System by Anesia Springborn to help with setting up systems to handle all the management issues of ownership.

I would start at the water shut off on the water heater and work from there.

I hope to grow the property management into a business system, but at the moment it's a self employed basis.Glenn