Ryan E. thank you so much for that I appreciate the help

This deal was very hairy as after we ran an O&E Report, we found out there was a  $37,001.72 IRS Lien, and 5 State Tax Liens totalling $9,750.02.Our Foreclosure attorney assured us the liens would be removed after foreclosure, so we deducted the property taxes from the purchase price and it was ours. 

Like @Carolina E. said, you can start witha multifamily unit.

Thx again in advance.Expenses Annual Figures R/E Taxes $9,756 Insurance Premium $3,000 Maintenance $4,000 Water & Sewer $3,000 Common Electric $700 Gas Heat/hot water $0 Tenant Paid Management (5%) $3,937 Garbage $0 Ind.

You can also screen applicants (debt-to-income ratios, income verification, background checks, etc.) through tenant-screening services such as TenantVerification.com, ScreentheTenant.com, e-renter.com. 

@Erik E. that sounds like a great goal. 

@Stanley E.

Do it all on the computer and e-mail.

Send me a PM and I will be happy to do an e-intro to the owner.Oren

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