Obviously, to qualify for a larger house is not an easy task with an extra 50 bucks, so that’s where private money, hard money, or other creative financing comes into play. The

If you want to win at this game as an hands off out of state investor you need to know how to play the game.

Play the long game my friend and you'll go far.

And buying anything cheaper than what you describing in a major metro MSA brings on a high degree of risk for the out of area investor.If you want a rental I like to advise this one little formula.. at the end of the day making 200 a month on a rental will just get spent on something.. you wont really see it.. so what is the play.. the play is some tax benefits although small on low priced homes. 

A long term tenant wants to play the role of onsite manager.

You CAN control whether you opt to play the victim of a bad market card, or choose to see this as an opportunity to grow, find deals, and create true value for clients & customers. 

One method if you want to play the 5% game is to look for SFR that has a mortgage and no other liens.

And we were, but a lot of things came into play. The

What if the appraisal comes in at $330k (that's unlikely, but let's just play the what if game), and then the buyer falls off.  

Jon, I agree with you that I have never had a contractor charge for a bid if I am the homeowner, however, in the context of this thread, it references getting bids on homes that an investor may or may not be the winning bidder on and as such, the chances of the contractor getting the work is slim to none, just ask any of the thousands of members here who play the numbers game (make 40 offers to get one under contract)