Sure, that's good enough"Stranger still is that the floors were completely level - which suggests that they may not have been properly tied into the walls.Thanks for the thoughts though.

You are correct that you can set this all up yourself, with the exception to needing a signature by a Registered Agent - which can even be purchased for a small fee.I want to preface this explanation by stating that this is a system that I find is my "go-to," but there are stronger entities that cost much more as well as cheaper entities that don't protect you as well.

It is a great strategy and as the market has gotten stronger it has become tougher to do.  

Clothes were thrown in the dryer for long periods of time and then tied and put in safe bags and stored downstairs.

What you dont want to do is be tied up with 5 properties, making mistakes on all 5, then going bankrupt. 

But the simple math is that closer to retail you pay, the chances are the longer your capital is tied up to the property.

Honestly, if you're looking in 29403 or 29401, then all of those abandoned properties are tied up in probate or have some title issues going on with them.

We like the ability to move quickly by paying cash but are concerned about having our money tied up.  

Geeze.......The property will be sold with clear title, it doesn’t matter what taxes are owed or what liens/mtg.s...no need to go to a title co. now.You won’t be talking to the ownerYou will be using the state realtor contracts that the agent usesThe agent, and the owner, has No interest in letting someone tie the property up with a contract who dosn’t have the ability or the intent to buy, and simply hoping to flip the property to someone who Can buy, at a higher price.  

Interest Rates: Everyone wants a standard answer but in all truthfulness, the interest rate actually issued is tied to many things so don’t be surprised when the lender responds to your question with “That depends” Property Types: Do they lend on what you are purchasing?