http://www.businessinsider.com/le-chateau-de-vigny...

Hey Guys/Gals, I am from Delaware county, I currently own 2 properties and am looking to expand.

I'm currently a Realtor licensed in Delaware.

Here are some links...http://www.biggerpockets.com/rei/https://www.biggerpockets.com/blogs/3-reiskills-and-brian-gibbonsThis is one of the most amazing sites for EDUCATION.There is an "espirit de corps" or a fraternity - sorority of sorts at BiggerPockets.https://www.biggerpockets.com/search?

To quote Dolf De Roos "The deal of the decade occurs about once a week".

So why not buy a not so well maintained home for 560k and renovate it and enjoy the newer upgraded home.I feel from a buy and hold point of view it will be much better to pay more for an already upgraded home as all the upgrade costs are being paid for by the 30 year loan which comes with tax deduction and you pay it off with de-valuated dollar over time.

You can use a chemical de-glosser instead of sanding.Some varnishes back then had lead in them too, not just the paint. http://www.diylife.com/2010/03/08/how-to-degloss-a-surface-for-paint-prep/You need to use a contractor that is RRP certified.

Also, price and activity are creeping up broadly in the market and since we don't need to fire sale it, are trying not to.Want to sell the home and not see tenants/leasors/etc tear it up (purely emotional) so this will be strictly a conventional MLS deal unless I de-list and sell it at a flip price at the local REIA.

The time frame got sticky because we started, stopped, and generally de-prioritized the project to work around some of our other investor customers.

I'm new to this forum and I'm already looking forward to do some good networking with people around the Delaware and Arizona area.