You can e-mail me at andremoncur.bahamas"at"gmail"dot"com@Stephen Chittenden you can expect to pay 0.75% (value up to $250k) on property taxes depending on the price bracket you invest in.

Asking because I only have public transportation available to me at the moment.

Then they are shocked that the damage they did to the house combined with the calls to health department resulted in red tagging the house.  

They can call me at the number listed in my profile.Thanks Michelle!

Anyway, personally those feel like too much of a risk for me at this point, as I don't have any experience with hiring/supervising contractors etc, and I suppose doing this the regular remodeling / general contractor way, any potential profit would go to the GC rather than me.So maybe I'm missing something, but it seems that for a newbie it's rather hard to get those kind of deals on properties?

Unless you wear a red suit, have a white beard and collect your rents in a sleigh, that doesn't sound like smart business to me.

Also the realtor said I could only do a cash offer or use a construction loan, is that a red flag?

Just make sure there's enough meat on the deal so after the refi you're still cash flowing.  

I feel like I had another question to ask but it's evading me at the moment.

I have a tenant on food stamps who was at the social security office and saw me at the property when she got back.