Does this smell fishy to all of you?

I literally have:A) buyers that want to buy and hold, and want pristine places they can put a tenant in the day of signing, and they're working with cash [ I think ] [ maybe or maybe not their own ]B) buyers that want the ugliest house on the block, beat up, boarded up, smells of ... unwashed masses huddled to breath free.

This already smells a bit funny.

Smell what I'm cooking?

I have since learned a lot about those deals, it talks a lot of knowledge in fire restoration. the smell can linger forever if not done right!!

Or something else that doesn't pass the FHA smell test.If it is SFR though... it probably is property condition that they're concerned with.

What I would like to do is start posting some of my analyses and see if they pass the smell test here on the forum.Looks like BP is a great resource and I look forward to learning more and contributing as much as possible.Steve

Sorry, it doesn't pass the "smell test" that a property in that neighborhood of Memphis selling for 75k and renting for 825 would be a big cash flow cow.Unless he was just calculating Year 1.

I smell sales pitches a mile away.

Marginal dollars are worth less as wealth increases and you are less able to recover from foul-ups as you age.