All of those are good sources, I would include that the home is in an area that is still transitioning.

hey Johnny - what i am transitioning to is to buy, rehab, hold for 2-3 years and 1031ing them into larger properties.

The appraiser thanked me for making it smooth for him to gain access, etc.The buyers agent was not happy that it came in "high".

What are the signs to look for in an area and/or neighborhood that it is improving. I know that there is a lot of money to be made if you have the opportunity to buy land/houses in an area that is improving if you cat...

If it is newer siding and still has a smooth sheen you may need to lightly sand to give the new paint something to bite into.

The purpose, in my mind, for transitioning the property to an LLC after 3 years is to limit my personal liability in preparation to getting real tenants into the property.

Question to the commercial agents on this forum:Did you start at a commercial brokerage or did you start in residential and then make the transition?

We have a large inventory of seriously delinquent loans in our single-family credit guarantee portfolio, many of which will likely complete the foreclosure process and transition to REO during the next few quarters as our servicers work through their foreclosure-related issues."

I was purchasing a duplex for $12,100 and everything was running smooth until the day of closing.Closing occurs, everyone gets their check and leaves.I get a phone call from the closing company 10 minutes later saying they discovered a $20,000 lien on the property from the electric company, and that they have stopped payment on the seller's check, and they are "undoing" the closing.The seller did not reply to the closing company until he found out his check was no good.

As long as the water is on and I can make sure the waste lines run smoothly, I will also not request an inspection period.