I am definitely walking a non-traditional route in real estate, but truly enjoying the journey.

So if you walk in and say “I have nothing, and I know nothing” it probably isn’t going to go great.  

During a final walk through, management sent photos of doorway damage that was extensive on 3 doorways, and will require a full door and door jamb replacement.

You can often secure a loan based on the property's value rather than your financials, making it easier to get approval quickly and move on deals like the one you found.Using private money can help you fund the purchase and the rehab costs without tapping into your home equity or savings, which gives you more breathing room and allows you to focus on the project.If you’re interested, I’d be happy to walk you through how private money lending works and how it could help with your current deal.

Nice talk, but not the walk.  

I get builders risk policies for all my new builds and at least in the markets I built in Charleston SC  and Portland Oregon have never seen the fence and security and like you I would have trusted my broker to mention something like that.. fence and 24 hour security is just not something you do on ONE SFR rehab.. unless its a known high crime area like South side of chicago and now inner city Portland you really need the fencing etc other wise the homeless and druggies will walk off with everything.. when did a bunch of rehab loans in South Jackson MS same thing theft was off the charts and we had houses burn down .. but the dollars were much smaller.I know I have gotten larger policies for my bigger developments and I did pay my lawyer to go through them line by line and at the end of the day they really cant say what is or is not covered.Also you simply would not think of anything in Colusa county as being high crime .

Lines up with your 9 year retirement plan, but in this case, you walk away with an additional rental property.

Walking a 6 unit today, NET rent about 30k and going higher.

Properties do not need to be in walking distance of the university to still be in high demand for college students. 

Nathan, you could walk out of your house tomorrow and get struck by lightning.