Looks like a beautiful property.

Looks like a beautiful property.

Cash invested: $3,000 Sale price: $260,000 I inherited 38 acres of beautiful land, complete with a rat-infested mobile home, custom built shop and about 1 acre of garbage, snakes and wasps.

Then it gets even worse when you need a new roof, need to paint the building, make unexpected plumbing repairs for the water and drain pipes, install a new water heater, or replace a furnace.I looked at the most-beautiful 108-unit property in Klammath Falls Oregon about 18 years ago and the units were selling for half the price of the units in Los Angeles County, but the problem was the rents for a 1-bedroom unit was only %450 and the 2-bedroom units were only $550.

A beautiful part about selling real estate is were not selling Herbalife or a pyramid scheme here.

Beautiful property!

Jensen - lender extraordinaire - for working with me on this one to get this beautiful property.

I commend you for traveling here to see first hand our beautiful city.

That person may just not have good numbers because he really has no clue what needs to be done, what the cost of the repairs are or the value of the property.Since you do not even know where Midland TX is so you have no idea of the numbers, if they are correct or not.Let me tell you about a local 'investor' who bought a 'good deal' to get into the deal where I invest.There was a beautiful historic house that went up for tax sale. 

Think beautiful luxury home with caregivers on site 24/7.