Simply waiting 30 days from purchase is not sufficient.

When rubber meets the road, these low-cost/low-rent properties only make sense if you're turning and burning them, or are adding them to an existing portfolio where you have sufficient reserves already.I've got a property I am looking at that rents @ ~1750 for 2 units, so taking 10% for CAPEX -- which is an estimate on my part, good, bad, or indifferent -- sets aside $2,100 per year just for CAPEX.

if not then if you have sufficient proof that the home is worth what you are selling it for then it a rep should be able to get an underwriters signature.

From what I have read though if you employ solar and wind power generators then you are pretty much set, because if its not sunny then its likely stormy which means more wind :)Basically the civilization systems include everything you need to live a civilized life on an island, are completely self sufficient (you could remove the generator if you didn't mind the occasional black out), and again not as expensive as one would think, especially with the "go green" attitude really coming into play now a days, you may even start to see these kinds of systems becoming available to the rural population, and as economics dictates, the more widely available something becomes, the lower the price tends to be.Just thought I would throw what I know about islands out there for everyone.

What they gave was something much more important-- love, support, and an example of strength and self-sufficiency.

but by the same token - if you wholesale to other investors only then there usually won't be a problem.

When you use contingencies do you use several, or is one typically sufficient?

So I guess that my plan is to put bids on properties as if I'm going to hold them to the river (i.e. make sure that they're positive cash flow after paying everybody that needs paying / generate sufficient IRRs), but to the extent that I can, I'd like to flip them for a quick profit.

I was only trying to suggest that regardless of the investment there is always speculation about the amount of profit that is to be made.On the same token of it being a business, I would agree that anything you do that provides you income could be considered business.

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