Until I have my POF, this is a serious road block...But I understand their reluctance...why do free work???

I know seller will look at her on paper like a bank ie BK and crappy score but she dose have a compensating factor of $150,000 in the bank. and no she dose not want to use that to come current just to have the most underwater house on the block.

Use the rules of thumb as guides that help you reach your goals rather than stumbling blocks and failing to consider where you are headed.

I think family room (front left in photo) was converted from a garage or carport at some point (see the wood in front, while the rest of the house is block).

Like Joel Block says it can be dangerous to assume that it can be treated one way or another without supporting that approach.

These are decent looking houses on decent streets, but 2 blocks over looks like a war zone.

Okay so I move a new tenant into a unit.They call the next day and say the tubs are not draining well.We go and inspect and the tubs are slow draining.We put drain-o and others down the line and it does nothing.Then we call our plumber and he snakes the line.The problem is someone put in a T line from the 2 tubs instead of a Y line so the line is clear from tub to tub but the snake cannot turn a corner to go further into the pipe.So the plumber suggest we use CLOBBER from a specialty store which is straight concentrated sulfuric acid.This does not clear the line.Plumber comes out and then installs a Y line fixing the T-line.Puts a camera down the line from the kitchen which is downstairs and the bath plumbing is in the ceiling.He sees a drink cap and what looks like a bottle but can't tell.We are thinking from a roof put on years ago a roofer dropped a drink down the plumbing vent and it is stuck.So the plumber opens up the wall above the kitchen sink and VOILA the problem is found!

I figure HOA dues property taxes, interest and insurance are money down the drain from an investing standpoint, but if we're going to be here anyway for at least three years, at what point do we say enough is enough with the renting and try to get into something that probably would never sell for less?

I've seen them selling homes in blocks to hedge funds and distressed asset funds.

They auto blocked the name of the school in my post reply, but it starts with Dean and last name initial is G.