Purchase price: $75,000 Just bought this beauty and getting ready to put in some hard cash into this one.

I don't have to buy into the vortex/spirituality business to feel the calming and rejuvenating effect of its beauty.

It's a beautiful thing to be able to give back to others.

The other homes had not been remolded for decades but we proposed doing a modern renovation and the board approved of it, started off shaky at first but as time went on I think they realized we were trying to help the neighborhood and build a beautiful home.Definitely think talking to the board beforehand and getting to know people face to face helped a lot in this deal.Here are the numbers:$170,000 Purchase Price$8,000 Closing Cost$4,000 Holding Cost$75,000 Renovation (new: roof, siding, windows, front porch, back deck, HVAC, floors, kitchen, two baths, trim, paint, doors)$20,000 Selling Costs$315,000 Sale Price$38,000 profit.Some pictures, more can be seen on my website: kenbuyshouses.net

Beautiful work.

Thank you @Joe Hammel, for a speedy and informative response you have addressed a lot of my concerns.

There's this big house, beautiful area, nothing is owned, clear title.

Just beautiful! 

The beauty of the 80/10/10 is its structure.With an 80/10/10 loan, buyers bring a ten percent down payment to closing.

Lots of people want in on this industry so if speed is your main objective than this is a great route.