DB packaged a lot of this mortgage paper here in the US, BTW, approving people who would clearly never be able to pay - like the "Greeks"

And so on with the rest of the home.We do these a lot in the Bay Area where local politics make it nearly impossible to build, so our housing stock is mostly ancient. 

@Jacquelyn Ceasor I have run into Israeli, Argentinian, Canadian, Brazilian, Australian, Chinese, Indian, Maltese, Greek, French and English Investors buy / own Apartment Complexes in the Cleveland market.

Hey,Just checking out this forum after reading a couple Bigger Pocket's books, the ancient "Real Estate Loop Holes" and more recent "Investing in Real Estate with no (or low) Money Down".  

All units need some improvements: flooring (very dirty carpets), kitchen (ancient cabinets, ugly and cheap countertop),… We plan to have people in two units move out and then renovate.

I still have to find some asbestos removal folks to clear out the ancient heating system ( I think it's that "octopus" style heater).Today, I just got DTE to get electricity on, and will have internet set up Monday.  

My computer is only 1 year old and I 5 processor with Lenovo so can handle any recording stuff.You can get lost in the software stuff and it's all Greek to me.

@Steffany Kluttz   Were you able to make it to Greek fest this last weekend?   

Also, watching the webinars I understand that 90% of deals are not deals.Most of the properties I have seen are ancient, built around 1900.

Welcome aboard One thing for sure if you haven't done it there is a section on the website that allows you to select professional people from your area those would probably include insurance people but even if they don't consider reaching out to people like realtors or other investors that are in your area and ask them for recommendations assuming you haven't already.I myself live in New England pretty much every single house is ancient or at least every other one.