It's a loan based on your revenues.

@Marcus AuerbachHey Marcus, my RE estate agent says it's worth around 600k based on the comps.

Dang, all offers were due yesterday and I didn't make one.

I initially offered $200K in cash, but the seller countered at $240K.

Once you have a pipeline, you can refine your criteria and adjust based on what works best for your market and strategy.

OKC and Birmingham markets both offer some great opportunities and good entry prices for new investors.

These regions offer affordable prices for most investors, with homes that are turnkey—either newly constructed or fully renovated, tenant-ready, and with systems that still have 10+ years of life remaining.

As a property manager, based on my conversations with our clients, below is a condensed version of what we hear most (in relation to PM in Chicago): "- Passing on the load so that you can be more present and attentive to your family (edit: and other responsibilities) and not be essentially working 24/7, on-call for the needs of tenants and property emergencies... can be worth the management fees.

Alternatively, keeping the properties offers long-term equity growth but with lower cash flow.Ultimately, weigh your ability to manage future cash flow, your risk tolerance, and your long-term goals.

Preforeclosure, Pre-Probate, tax liens are  OK -- however most seasoned and newbie investors are calling these leads as well and making offers.