He said the building inspector is not responsible for seeing the ball check comes out or is not covered up.The inspector sees it pass the test and leaves.I just can't believe nobody checks this kind of stuff before throwing walls up.

Throwing everything at the house was a bit of a beating, but we were perfectly happy.

His goal was to buy all, he got to 7 and is throwing in the towel after 2 years of pain and over $250k loss.

It's making sure you go in with the right attitude and get what you need from it while throwing the useless sales pitches to the side.

Just thought I would throw this situation out there as I'm sure it's relatively common.Thanks for your help...happy holidays!!!

I don't want to unnecessarily offend the seller because I'm sure they can't accept that offer but on the other hand, it doesn't hurt to throw it out there...right?

In most cases they are losing a chunk of money when they finally throw in the towel.

I know taxes will be additional but if I am throwing away 10.5K a year in rent, why not put it into an income property?

Still, you want to maximize this percentage and so we can pretty much completely throw out and ignore anything we can't charge at least 1% of the price, so the second one which would cash flow like 50$ is gone.The first one depending on your goals is at least feasible, as Jon said it would probably cash flow 200+ a month on average with a cash return of 7-10% depending on if you did the management.

well - well - well... seems there are a few issues with the non-existent building code, city-never-heard-of-zoning-for-multifamily investment.total electrical upgrade :|my wrestling coach, community dude, wanna-be politician was in austin on state business today and could not give me the numbers on a total upgrade.any of my guru colleagues here on bigger pockets have a number they want to throw out?