My strategy is to buy properties for cash, rehab, rent them out, and refinance.

I have an REO broker with over 15 years experience to help guide you through the process if you have not done it before.I'll work with you on ensuring everything the Am's are lookimng for is addressed in your resume.If I do not get you listings it does not cost you anything.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Property is 2100sqft and needs a ton of rehab since everything inside is in good condition however everything original from 1950.

Most areas you're not going to turn a $100k purchase into $250k sales price unless it needs $100k in rehab.

So, I decided to drive a nearby neighborhood close to my residence, recently and document addresses of seemingly vacant distressed properties.

These all require applicants to submit an acceptable Letter of Explanation addressing each specific issue and occurrence.Rental HistoryBecause a current landlord may say anything to get rid of a bad tenant out of desperation, we also require information for the previous landlord of all applicants.

I have a rental property that I am rehabbing to put it on the market to rent.

Purchase price: $280,000 Cash invested: $7,000 Light rehab, rent, and 30 month balloon to refinance.

You still need to address their role in this situation directly or it will happen again as managing repairs is a core part of the PM role.