haha yes, I'm very excited to keep the BP forums updated on the process.

The guy who buys from me (Where I get $350 after 5 trips to inspect, all sorts of paperwork and hassle cause it's a HUD) and then sells and I get a commission (My regulars don't pay 3% list either).

Update: The technician came by today, and it will be necessary to cut a portion of the ceiling to access the pipes in order to pinpoint the origin of the leak.

From an initial impression, this makes the process of long-term investing much more convenient, and the only fee (apart from regular agent/lender commissions) is the property management fee!

I'm in and out of LA a lot thanks to my wife's family and am happy to chat further - but I'm sure there's a bunch of meetups happening regularly in your area, that could be a good place to start to get other ideas. 

This involved new windows, tile, refinishing cabinets, adding a bathroom, updating a front porch, and several other things to bring this property back to life.

You can check out my market updates to get a grip on the market in SWFL.

We regularly talk about properties they have found...No houses 🏠  yet but with patience and diligence it is going to happen soon.

Our LLC is on the deed and they sell like regular real estate.Any thoughts?

I utilized 7% for CAPEXand 7 % for maintenance given recent updates .Tenant pay for electricity and gas.