Jimmy,definitely, it doesn't matter if you have a property worth 230,000 and you're buying it for a dollar...well maybe not that far below market :D - but what makes a property a good prospect is if it matches your EXIT STRATEGYthis is made up of many different factors.Your exit strategy (or goal of purchase) is the most important aspect for your investment approach because it establishes your boundries and lets you know exactly where you stand and where you want to go!

I'm just finishing an Architecture program, so I really enjoy the design + build aspect of the real estate business.

He outlines some of the different aspects of exactly what you are facing.

As I mentioned in the other post, I've been doing research on all aspects of real estate investing for two years while slowly building up my knowledge and contacts.

Becoming an REI has helped me in so many different aspects of my life than I ever imagined.

Had his own mold test done and sent us only the pages that have the scientific mumbo jumbo that we could not interpret.  

I would love to work with a commercial lender to learn the financing aspect of things.

I have been doing my research for the past few months and I have been trying to investigate all aspects of "the flip."

interested in all aspects of real estate and would like to learn and share information.hank

LLC is MUCH easier to manage the paperwork aspect.