A sword doesn't work"... if you get killed every time you are in battle,  or if only one person keeps killing everyone in the medieval European wars, are you going to say "swords don't work"?

But I would like to share perhaps a different PERSPECTIVE on this:If all you are doing is wholesaling or cash purchase FLIPS, then everything above is the Gospel for that.But here's the problem - wholesaling is NOT a viable business opportunity in most major markets because the cost of a lead is too high.  

Also, they may not clear a HOA or POA bill if it is in a planned community.With just the information given I would not expect $45k to cover the possibilities, you have most major systems as possibly in failure or not present. 

This may seem silly but many Europeans don't even have the same appliances, heating systems, sewer systems, etc.

A couple of years back I read an article regarding what was called the donut effect when it came to major cities. Specifically, this article was talking about Philadelphia. As an agent and investor in this area for a ...

But anywhere where you can get Europeans coming over in July - September is an awesome plus.  

An African swallow or European swallow?

It's a seller's market in most major metros.  

About a week after we fired them in the middle of their absolutely disastrous job, we discovered that they had pilfered all our booze while they were working here.There are so many alcoholics in the large Eastern-European immigrant community here in Pittsburgh...and so little use to be had from them!

Most major cities and HOAs are limiting the amount of STR in a certain radius.