Hence this question.I'm underwriting a deal now that has some deep issues and was hoping to get some feedback on rough costs for kitchens and baths for a MF building.

Not my plan.I have been searching on Zillow to get a feel and in hopes of a house on foreclosure, but doesn't seem like too many options.I haven't read exit strategies yet, but I'm gonna be in deep trouble if I don't find a tenant.By the way I started reading up on all of this 2 days ago.

The house is about 33 feet deep and the property is about 70 feet deep, so there is definitely some "yard" back there. 

If your here with boots on the ground you will be able to pick those houses at a deep discount that will be best bang for your buck. 

I'm assuming it's because you need deep pockets to do much in Manhattan?  

Hi everyone,  I am a newbie and feel like I'm about to jump off in the deep end.  

It is a group of lawyers that have pooled thier resources and went deep into the legality of foreclosure.

You know you're in deep when everything makes you think of real estate. 

Originally posted by @Lacy Goldman:  We've purchased HUD homes & sold them to investors using the following methods:Purchased the property outright, held it, then sold it- Not optimum because of closing costs but if purchased @ a deep enough discount it worksPut the property under contract in an LLC, then sold the LLC- Again not optimum because of costs to establish an LLC & the subsequent paperwork.  

Trying to hold high end rentals will need deep pockets.