Linda, if you have never run a rehab project before, you want to hire a general contractor that will be on site and coordinate all the work among the trade subcontractors, materials etc. and handle inspections for the town/city inspector.

Among the means at your disposal for collecting leads and growing your quick-turn real estate business is establishing a farm area where you do business on a regular basis.

You would be amazed at how many deals are passed among the successful investors (often for free).

Plumbing repairs are among the easiest repairs on a house BTW.HVAC, I've never seen a requirement for permits on HVAC, although the repair folks are LICENSED.

The inside is thoroughly trashed and taxes are among the highest in the town.

Alot of things determine land value.Location is among the top.

Or vote to dissolve the Corporation in which case the "Assets" of the Corporation may be sold and proceeds equally divided among the stockholders on a pro-rated basis.

Having always been told that property is among the safest investments, I thought it would be a good way to get a slice of investment pie without forking over a whole lot of cash on a second home.

TRUSTEE'S SALE OF 2061 ROYAL FERN COURT 12B TRUSTEE'S SALE OF 2061 ROYAL FERN COURT 12B Reston, VA 20191 In execution of a Deed of Trust in the original principal amount of $212,100.00, with an annual interest rate of 12.1500% from BRIAN DAVID BROWN dated August 26, 2005, recorded among the land records of the Circuit Court for the COUNTY OF FAIRFAX as Deed Book/Instrument # 17705 AT PAGE 2027, the undersigned appointed Substitute Trustee will offer for sale at public auction in the COUNTY OF FAIRFAX, on the courthouse steps at the front of the Circuit Court building for the County of Fairfax located at 4110 Chain Bridge Road, Fairfax, Virginia on January 30, 2007 at 11:30 AM, the property with improvements to wit: APARTMENT NUMBERED 2061-12B, TYPE B-R, SOUTHGATE CONDOMINIUM, AS DESCRIBED IN THAT CERTAIN MASTER DEED ESTABLISHING A HORIZONTAL PROPERTY REGIME WITH ATTACHED PLATS DESIGNATING THE RELATIVE LOCATION AND IDENTIFICATION OF EACH APARTMENT RECORDED IN DEED BOOK 3912 AT PAGE 254, AMONG THE LAND RECORDS OF FAIRFAX COUNTY, VIRGINIA, AND ANY AMENDMENTS THERETO HEREAFTER RECORDED, AS PERMITTED BY PARAGRAPH F.9 OF THE SAID MASTER DEED. and described in the above Deed of Trust.

I find this scenario among the most favorable because every Municipality in that State has a consistent policy.