I assure you that any one of us at RealtyMogul.com takes our investor's assets very seriously and we are regulated by a variety of regulatory bodies.

But taxes are about 10-12k per year on this property and the previous homeowner was delinquent for several years)Cash for Keys: $20,000 (The homeowner agreed to vacate by a certain date to avoid a drawn out legal process, which they threatened to do)Cleanout: $750 (The place was a complete mess)Initial Cleaning: $150 (I at least needed to get the place tidied up a bit before painters would come)Kitchen Repainting / Spraying Makeover: $11,500Fresh Paint on Most Rooms (Ceiling, Walls, Trims): $12,500Hardwood Floor (Sand, Stain, Re-finish): $4,500 New Carpets in all 4 bedrooms: $4,500Lawn Debris and Hydroseed: $6,000 (and weekly lawncare until sale but that was cheap)Electrician: $1,000 (Smokes Inspection and fixed a few recessed lights + other minor)HVAC: $1,000 (Garbage Disposal Replacement, HVAC filter replacement + othersWindow Cleaning: $500Mold Remediation: $1,000 (Bathroom Ceiling)Carpentry: $5,000 (Bunch of stuff)Miscellaneous Materials: $2,000Final Cleaning: $300Staging: $4,500New Washer and Dryer: $1,000 Total: ~$600,200 (+- 2-3k)Listed Price: 669,000Sale Price: 644,500 After broker + legal Proceeds: 606,000Profit: ~6k Time Held: Bought in April, Roughly 6 Months.I didn't make much from this deal, but the experience I got was awesome.

Those cities also have no natural barriers with no mountain ranges, oceans or major bodies of water nearby too.  

Because they answer to no regulatory body, facilitators may not be as aware or adept at alerting clients about prohibited transactions.  

Administrative law often looks more to the intent than the written word and agencies are charged by legislative bodies to interpret the law and apply that interpretation.

However the property is located close an impacted water body and over the course of the next 2 to 3 years there is a study being conducted to determine if the septic systems in my area are contributing to the pollution of the river.

It's a big truck dealership with parts, service, sales, body shop, leasing, the full works.

I've only been involved in one pool install, and I let my pool contractor direct me, we used tinted marcite for the body, tinted concrete instead of tile for the border, and a concrete pool deck.

Thanks for your kind words Igor,I have pulled back a touch and trying to work a bit smarter now and buy back my time.One can only sacrifice so much until your body tells you to STOPThanks and keep the dream alive :)

My simple formula is to count warm bodies.