I would make sure the property is priced right, also I make sure that end buyer makes a deposit so that he doesn't walk. I

It is so important to be "First name insured" on the policy, and if the company doesn't want to do that because the previous owner is on the loan, walk. I

The negative talk is mostly people who bought pre bubble.  

If you are thinking about investing in Philly and need some boots we should talk.  I

Bill GulleyThank you for the insight & pep talk.  I

I am working with several people that have told me, when I get the water issue resolved, they want to talk…..? I

Should the mentor refuse to answer a question or explain the "method behind the madness", the "student" should walk. * I

Here is what the house needs:all new drywall, plaster is falling off the ceilingall new kitchen- was ripped out to the studs by owner2 new full bathrooms - ripped out to studs by home ownernew carpet and flooring throughout the housePaint whole interiornew electrical service - current is a 80amp service with fabric wrapped romex and 2 prong outlest throughout the house.New HVACNew RoofBricks need repointed in several areasChimney needs repair - cap is about to fall off the houseroof over rear porch has either carpenter bees or termites and is full of rotted and split wood.Driveway is asphalt and may look ok with some carefront walk is half torn out, the halk that is closest to the house - about 25 - 30 feet of it.and of course it need some landscaping to make it look good from the street.My primary thought is to whole to another investor, but I did look into rentals in the area.

Let me know when you would be in Chattanooga I would be happy to meet up and talk. I

Don't ever try to shortcut and sweet talk - I know investors who have been sued later - do the work and do it right.