I get that.How ever, is it the BPO that is set so wrong, is it the "Auction style/Best offer" system that doesn't work very well, or is it just plain stupidity of banks and asset managers that cause so many of the properties to be sold at "lowest possible price".

For me, there are some strategies that frankly make me sick to even thing about, so I avoid them even if I can make money on them.

Also, all 1-4 unit properties financed either by you, or by an LLC that you have an interest in, DO count toward the limit, this is stated plain as day in Fannie's guidelines.

These are introductions to real estate written as college texts with plain easy to read aspects of RE.While most are written for college level classes in the business departments, they are also used at highschools.The one I just linked has options and contract for deeds described.

I found a template for a white notebook template, but I haven't found a yellow one.My current Yellow Letter is typed on plain yellow paper, but I'd like to test the "handwritten" font approach too.

There was a recent price drop on the unit after I refused to accept their counter, and I bid 93% of that new asking, and they just plain rejected the bid.

I NEED to start creating cash flow, however I keep getting stuck when it comes time to get funding...

I have all these questions:

1-should I concentrate on my first flip or should I just start with one ...

@Jason Eyerly -a landlord like that is just sick and tired of dealing with the rental, and hence he puts it for sale as is so that some buyer takes over that problem rental property.

Maybe that's because many of you that were going to chime in already have, and you're sick of me ranting / raving.

Looks good if you don't know what you don't know.I ran numbers on a place that is a decent (14.1% ROI) deal today... at 200k below asking :) Sick cash flow though, $1000+ per month.