I've seen many cases once the homeowner moves out they take all of their furniture with them and leave the place completely vacant.

The disadvantages that I heard from a realtor is that the furniture needs to be changed new every year. because of so many people coming in and out.

I was fortunate enough to meet a broker for these banks in Austin several years ago, which kept me from wearing out shoe leather talking to everyone.

Well, tonite she tells him that she can only pay 6 months in advance because she needs to buy furniture.

Maybe even some staging furniture rental from rent-a-center.Potential individual profit = 15KExit Strategies: 1.Major Rehab = Rent to own (Land Contract AKA Owner financing)a.This will require the silent partner putting up the funds to agree to only be paid the return upon sale regardless of time frame.2.Major Rehab = Flip out to FHA or InvestorThis gives us two outs in the event things go tragically wrong.I’d like to send this to Jeff and vet it through him and see what he thinks when he contacts us back?

"Investors" are bidding up the price of properties beyond thresholds where deals no longer make sense.However, jotting down info on properties with obvious distress characteristics -- over grown grass, furniture piled out front, boarded up windows -- could lead to potential deals.

I am a single student with a small income, however I figured that I could buy a foreclosed home for under $5000 and keep the other $3000 for small repairs on the home and furniture.

People can't see through the existing tenant's dirt and bad furniture.

All that extra furniture needs to go somewhere, when folks move in together Rich!

But can also get to wiring and cause corrosion.Trouble is, even if you pull out the drywall, if its been in place for a while, the gas will have gotten into other stuff - studs, furniture, etc., so the smell won't go away right away.