If you're in a very competitive market you may want to get the house staged (filled with furniture) for marketing purposes.If you must list it in such a way as to disclose the address (for example you list it with an agent as a rental) please spend the extra $15-20 bucks to install a simplisafe alarm system: this is an inexpensive alarm system that works over 3G cellular networks.

They are highly illiquid and low quality assets that take a high touch to perform.Instead of buying a 50k house for cash why not buy a 200k house in a nicer area  stage 0 of a new home subdivision.

Here is a suggestion for real estate investors flippers using QuickBooks-You should have four main stages in QuickBooks as Class:- Leads- Rehab- Sold- Overhead expensesKeep track of each property expenses immaterial you buy or do not close the lead.As each property progresses in the stage, change the subclass of the property.

If you are selling property, there is a lot that goes into it including marketing, staging, planning the open house and the legal aspects.

Any neighborhood with an elementary or middle school in or adjacent is almost guaranteed to rent out quickly.

You may also need small additional time to allow for staging if you do that.

Still in my initial stages of learning about real estate but I wanted to make sure my background assumptions still valid to help me steer towards my goal.

Im currently in the finishing stages of my rehab & in need of a detailed scope of work for company I'm hiring to handle the painting, compounding , plaster & taping of the house.

When I was diagnosed with stage 4 cancer, and spent months in the hospital (lost the ability to walk and had some organs removed), and wasn't expected to live, I made sure that my brother dropped off a rent check every month to my landlord.

It's barely NOW showing signs of life.I would love to have the owner finance the property for me, however, I haven't asked yet because I just assumed since the gentlemen is in the later stages of his life, he wouldn't want to carry a loan and would prefer the cash up front.