I can't think of a good reason either, other than she may be thinking she'll sell them for a profit one day, but the cost to fix them up again may eat into her profits.I'm at a loss on that as well.

All these factors can eat into your cash flow and ROI.You as the investor also have to think about what your want in terms of monthly cash flow and how quickly you want to make your initial investment back.

Martin his findings as an examiner, I'm pretty sure compliance types just throw their hands up in the air and say...oh, well, the borrower transferred title, no big deal, let's go eat lunch!

I would also be concern that vacancies and maintenance issues would eat into your profit margin.

The months when there are big problems that involve 10+ hours of work and eats up 3 months of cash flow so you lost $1,000 over the PITI payment while working a lot it will seem to really suck!

We see the biggest downside on the property is the fairly large amount of cash it would eat up...would need about $60k down.

It is because her water lines are failing and eating up 28% of her expenses.I just met with the city and the park is non-conforming, no additional homes can be brought in unless significant changes are made to the park.I also found out today, a large private school is looking to build on the 50 acre lot right behind the park.

If you are eating beans everyday and have nothing to spare, get a position or work that pays better first, RE is not an immediate income producing activity that can be entered into without a dime in your pocket.

When born we can't even eat and we have to be spanked just to get us to cry;-)My point - It's all learned skills.10% read, listen and question here. 90% hit the streets!

This should eat up a good portion of your "profits" then you would pay your self a small ( very small) salary, with the rest being paid as distribution payments.