Craftman style, decent neighborhood, needed significant work and great houses around it.Upon further inspection, it was partially worked on inside, some new sheetrock and paint, but it didnt look like anyone had been there in a bit.Knocked on the neighbor's door and after some chatting, got the owner's number.Long story short: meeting the owner this week for a formal tour, talk numbers, take my mentor and then maybe my first wholesale deal!

on the 'old' style flat shingles it worked but you could count on shorter shingle life cause they dont lay as flat.

Converting some of the downstairs into a master bedroom with walk in closet and ensuite, 50 % new roof, new floors throughout, paint, finishing a sunroom, refinished kitchen and baths.ARV: $189,000 Comps: #1 - 3/2, Same style house with 350 extra sq ft (mine will be similar with finished sunroom) no big garage.

Dodd have really cramped our style, what fools!

If answer is YES then I move on to the next lender.Sure some will require environmental and a few other costs.It's too much of a risk for a lender to hold my money and not close the deal and chase them down before closing.

These conversions are common where ever they built ranch style homes!

SFH or MFH is OK.I am considering the following:MLS bank ownedMLS short salefind my own short saleaution.com style fake auctioncourthouse steps auctioncounty tax auctionI have about $90k cash and I want to buy a property with the best cash flow possible for retirement income.

Joel,You hit the nail right on the head.Alex,Okay, from what he told me, you sold him a house, advertised a "life style rehab" of it, and placed a tenant into it.

I did it "Dave Ramsey style" and attacked one loan at a time, starting with the smallest one first.

Everyone has their own goals, their own style, and can be successful following any 1 of those 5 paths.