it is fear that holds you back.Knowledge or excessive funds are the best way to overcome this.Which one do you have access to?

Then took a high grit sandpaper and removed the dry paper.

Would it make more financial sense to dry up my non-portfolio loan sources before doing portfolio?

So yea thats why i really want to go to this auction i have no experience with water/ storm damage i just want a place to keep a boat...What are some best case and worst case senarios the pictures of most houses with the open houses have dry wall cut out about halfway up the wall and most floors ripped out except for some plywood etc.... the ones with no open house have been deemed unsafe for entry by the State of NY so they obviously need more repairs than i am willing to do....Thankyou all in advanced

Usually I would move on but the property might make a good rehab project; it is however very risky in that the property has been vacant for a very long time and actual repair estimates if in excess of the current estimate, might cause some problems.These are some of the numbers:ARV = $165K (but, Zillow =190K, homesnap=189K, homes.com=$145K, realtor.com=270K, eppraisal=$312, average=$221K)Repairs = $52K (based on sellers contractor, unverified.

I see a similar name of a dry cleaning company in Wilmington.

If you have to borrow hard money, or are looking for a huge return then it's definitely dried up compared to 2/3/4 years ago.  

It seems the market has been very dry for investment properties (6-24 units) in the greater DuPage area.  

I plan to use any excess money after it is over 50K to buy additional properties.I have a 1 Million per occurrence personal liability umbrella that my agent said would cover all of these rentals.  

After a little dry spell I've got 2 flips under contract in 6 days.