Perfectly stated

"I'm not in competition against perfect.

Driving for Dollars, I have found an REO agent in Columbus that is aware of upcoming foreclosure months ahead of time and my brother is a UPS driver and his route is in the perfect location to bird dog for me.

So the apartments are still perfectly intact and well preserved, kitchens, entrances and all, even the appliances which work great!

I love the town of Murfreesboro and think it’s been a perfect rental market.

I, however, have no regrets about purchasing this home, as it got me in the game, and it actually cash flows perfectly well, for my needs.

@Aaron Edmondson why not just get the house liveable (functional and safe) and rent it out for a little below market because it’s not perfect, and let the tenant pay down the mortgage as the value rises.

Like others have said, perfect timing for things like this to happen.

Set your goal to improve this skill to perfection.

@Brian, and that is a perfectly reasonable position to take, in my situation I'm in NYC, a very tenant friendly state, it's not unknown to be tied up in court for a year trying to evict a bad tenant, it happened to me, took eight months to get him out , situations like that can quickly mess up a positive cash flow, if I had a mortgage on that property I would have been in bad shape.