You didn't buy the house to preserve it, but for it to produce income.

If it had been my client buying this property, they would have paid a lot less even with the full commission factored in. 

I buy all over DFW for large investor, and I always enjoy talking shop.

Congratulationswhat you’ve found that both the INVESTMENT side of real estate, and theBUSINESS side are very competitive; therefore profit margins are compressed, so those “home runs” people like to bragg about are actually quite rare.  

or any experience buying homes at auction in Sac? 

I'm thinking about buying a property in NC.

Essentially he wanted to live in his own place but didn't have the money and I figured buying a house with him at the time was a good investment.

When I began investing in cabins in the Smokies, I made rule that I would only buy cabins on creeks or rivers where you can catch your dinner. 

Investment Info:Single-family residence buy & hold investment.

I did public record searches on all the tenants while I was in the process of buying the building just so I'd know who I was going to be dealing with.