I'm seeing a lot of peeling paint, especially on bathroom ceilings; leaking plumbing and roofs with pots underneath the leaks; layers of carpeting, like old carpet is never removed and new carpet is just put over it, windows painted shut, decks and front porches with holes and pealing paint, old old old appliances, countertops and cabinets, rust stains in sinks, plaster walls with chunks missing and then the holes painted over, etc.Single family homes would be easier, but property taxes are so high I would have to own it outright to make any profit at all.Anyway, still looking.

Well, residential mortgages are defined in the SAFE Act, for one, unless revised since I read it, being in the business puts you in a different pot than dealing in your own portfolio, as that is exempted.

I've had several occassions to be involved with condos, I do like commercial office, but not residential.If you're interested in them I'd suggest you know the market, who owns the developments and the operations.Construction is usually on the low end, some are built for future maintenance, just like that coffee pot designed to burn out after the warranty ends.

What does the Seller care if the Buyer is represented or not if their net is still the same?

All the tenants there are quality until just recently when the landlord rented to people who are smokers in non-smoking units and they moved in at 3 a.m. and were also smoking what smelled like pot.

.- He could sit on the money, continue to pay rent and save up to a larger pot of money for investing.

Ryan after all expenses are paid for the homes, my net is just over 3,200 per month.

The other point of something happening and being able to just rent it out with the conventional loan vs. the short term consequences of a HML is another huge perk/safety net. I

If your into office buildings thats seems like a relatively low maintenance things to be doing since often you have triple net. I

I also loved your interview on the pot cast3 and recommended it to many of my friends.I am curious if you buy brand new or used appliances and HVACs for flipping those units?