You might want to talk to code enforcement in Waterville (don't give the address) to see what their philosophy is.Some landlords do get away with having common area items on tenants' meters, but you are not that guy.

I have read the whole philosophy that banks would rather have a paying customer than foreclose.

Well, to be fair, most of what I do and the way I approach this business is a derivative of his philosophy with some Jack Miller, John Schaub and a lot of Peter Fortunato mixed in.

The people here at BP are a great source as there philosophies and methodologies seem to vary at times but have many simialrities .

Being in action feels much less scary than sitting on the sidelines; looking at ugly houses, and mulling over the different RE philosophies ad infinitum.

I have developed my own philosophy and business plans based on my needs. you can do the same.It appeasers that you have some capital to invest so you are already miles ahead of the hoards of would be investors who are working hard at wholesaling without any money of their own to invest.Determine what you want, make a plan, share the plan with colleagues on this site and then pull the trigger.

While it depends on the location and price level, my general philosophy is to make my flip a little nicer than the competition at the same price level.

-They see themselves as the fastest path to help clients accomplish the financial objectives, understand 1031 exchanges and using IRA’s, know areas, values, and comps, know how to search the MLS for opportunities, know tenant-landlord laws, they meet with their clients to help them stay on course and most of all they know their clients short term and long term financial goals.The bottom line, they don't put their own needs in front of their clients and operate by the WIN-WIN Philosophy."

I am glad to hear you philosophy.

This seems to be the philosophy of a lot of people here on BP.