You'll get experience with leases, tenant management, some repairs.

The tenants will be staying at the premises for the duration of the repair and expect compensation for the inconvenience/impact.

@Account ClosedIf you are good at what you do the it should not really be a risk but cost of doing businessIf you are trying to do this remotely without seeing a property, having an understanding of value or repair costs then it’s not risk it’s just stupidity as you really are not wholesaling.

They forgot they haven't paid taxes in 5 years,  They forgot they got a big insurance check, but didn't do the repairs, so now you can't get insurance. 

PITI + property management + vacancy + capex + repairs. 

Other cases- hazard insurance was not renewing or placing high subject to repairs/improvements to maintain or the market cap of my commercial apts was rising as fast as interest rates like in '22. 

Partner Driven negotiated the purchase for $125,000, based on the property's need for substantial repairs and upgrades.

You do owe them for any work they did to repair the property, board it up, meeting the police on your behalf, etc as a result of the break-ins. 3.

I feel like it's more advantageous to pay off one house to save on interest, HOI, and have some cushion for repairs for the rental houses.

The seller can't cover these repairs before closing but has offered to credit the repair costs at closing instead.