Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

My competetion was 450k cash   Realtor was extremely excited about my offer and everything even called my financier.

The Windows are extremely good quality , but Brown casing and frame.

I understand there are many requirements for the property and I would be extremely strategic in the property and screening tenants. 

But it is EXTREMELY negligent for a PM to give legal advice on FHA if they dont understand it. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

It will be an extremely risky proposition and likely end up in failure.

I am quietly trying to buy another 4-6 of these in the high desert area of southern california in the next 10 years. 

And I agree with you, if you haven't lost money in this business, you are either extremely lucky or blessed.

if so,  does that mean you can't obtain quiet title action within a year, and basically the property will be sitting there untouched during this one year period?