It is also important to note, they will drag your through the mud in the process.  

Suddenly I have a mental picture of being chased around a roof by angry mud daubers, screaming like a little girl and falling 20 ft onto a piece of jutting-out rebar on the slab below (similar experience happened to by brother awhile back - he survived somehow).

.• Configuration: Two bedroom, three car garage, mud room, etc.• Location: Usually a very specific area.

I can foresee hiring out all the concrete (the slab and also the stairwell going down into the apartment), the heating, the plumbing, the electrical, and definitely the mud and taping (possibly the hanging of the drywall as well)... and probably taking care of the rest myself.

The polyurethane jacking is basically just a newer, more high-tech alternative to mud jacking.

Some things like paint I actually get a better discount than my paint contractors.Nails, mud, tape, etc I do not provide and the contractor must allow for those things in his quote. 

If your purchase price is $60k and the structure is worth (discounted) 120k, that means that the land value is negative $60,000 - somebody will basically give you 60k to take the land, because it is so undesireable.If the neighborhood is so undesireable, that someone is willing to give you $60,000 to just take the land, you will have a hard time finding a tenant, who is willing and able to pay top dollar - they would rather live elsewhere.Second, cashflow is the most important, but often not the biggest of the 4 income sources you have as a real estate investor.

Grade A cow mud paddies!!

Its funny when your 4 year old compares the consistency of things to drywall mud, or that she is alarmed by wires because she knows they can shock you (no, we don't leave hot wires out for our kids to get into, but you get the point!).

We also are not responsible for water bills unless the owner is involved in a MUD that requires but even that is extremely rareJim- if the property has been known to be vacant for more than 60 days then you might have an issue with the insurance but since this is day 1 of 60 no need to panic now.