This confirmed a suspicion that I had over the past few weeks that banks were unloading their properties directly to large investment companies instead of putting them on the market themselves.

So I would guess that a lot of land lords like me scour craigslist trying to get things 50% of new / retail.But Craigslist can be a bit dodgy.Just the other day when i was trying to source just the right sized fridge, I found an older lady on Craigslist who had such a fridge that she was unloading from an estate from her recently deceased mother.

To get there, I'll have to unload the SF we have out of state and just walk away from the loss - it will still free up a chunk of cash.

When one (1) or more layers of roofing exist, all layers of roofing must be removed prior to the installation of a new roof.2.Existing Decking: New decking overlay is required for asphalt shingles if old existing decking is made of lumber which is larger than 1” x 6” pieces of lumber or if the gaps between the boards are more than 1/8”.3.Minimum Slope: The minimum slope is 4:12 for standard single ply underlayment installation.

Then you want to lock in a price with the landlord that allows you some room-to-move when you unload the property.

Given the excessive rental stock available in your area I would be inclined to unload a break even property.

Jon beat me to it, a backhoe can do most buildings.What might be cheaper, if the lumber is decent, call the Amish, they do tear downs for the lumber and materials!

It's not the best neighborhood, so I refer to it as my "ghetto garage".One of my friends helped me build shelves in there and it is full of appliances, lumber, doors, etc.

I'm about to unload my last property there (in the MKE area) but haven't kept up with the local market too much.

Materials will be the same.. maybe your plumber or electrical could be higher but lumber is lumber and hard goods are hard goods.