A black glove with a middle finger showing and a nailed up note with the tenants name underneath, KKK Neighborhood Watch notices, couple of n****r messages, and the oldy but goldy, a noose in the front yard.Our tenant calls the cops, and absolutely nothing happens apart from the neighbor being told that if he fires his gun outside again he'll be arrested.Over the next few months this continues.

The problem I'm finding is that investors with money are putting in offers right away before I can even walk into them to inspect before I get n offer in.It's the name of the game

I ran across 2 potential deals:Lehigh: $70k-- 3 bedroom, single family, rents can be @$899/month (no tenants yet)Duplex in Philly-- N. 12th st. tenants in place total income $1475, cost of home $85KWhich deal is better?  

I would like to thank Gregory N for Vista, CA for posting a topic that interested me enough to respond to get here.  

Recently I have purchased my first fix n flip property.

Despite what is told in every weekend seminar, it is very hard to leverage anyone other persons money for your first investment here in N Texas for several reasons.  

If you are making a cash offer, a lot of the info on the contract can be marked "N/A" because it applies to inspections, well/septic, financing contingencies, etc.  

It's always great to see a fellow N.

Move-in ready.Asking price: $99,999Best and final offer: $85,000Financing: 20-25% downTaxes: $2,627Conservative rent: $1,000/monthRepairs budget: 5%Insurance: $45/month (est.)Property Mgmt: N/A (self-performed)Based on these assumptions I am coming up with a little over 19% Cash-on-cash returns each month.Apologies if I left anything out.  

I am interested in real estate investing by doing rehabbing/fix n flips and buy and holds for rental properties.