I was so inundated with calls and emails I had to fight off the prospects.

A word of advice: When you register your domain name, pay extra for private registration, otherwise you'll be inundated by junk mail.

You can now expect to be inundated with people offering to help you part with that money!

If your buyer is using hard money, and can sell it at the ARV in under six months, that will net them a 10-15% of ARV profit.If you by at 80% of ARV, less repairs, there's very little potential profit for the rehabber.

I always buy the house I live in under market value.

You can also write it in under special provisions.Contract is now assignable and then if and when you find an investor to assign the contract to, you fill out an assignment of contract document stipulating your terms and price.

Here are the stats.Listed Price: $850 / MoMarket Range: $800 - $975 / MoMy Unit: Above Average compared to marketAnd, here are the results so far:Inquires to rent: 48 (in under 24 hours)Showings Held: 8 (So far, more scheduled)Applications 3 (So far)The only problem is all of the people that applied so far have credit under 650 and the person above 650 has an income of 2.7x of rent.

I do wish cozy had it set up to where PMs could also log in under their own accounts and not need the owners user name and password. good luck and message any time you have questions.

So looking around at listings, it seems that there are a few fixer-uppers listed in nearby Hammond, IN under $50k. 

But, you built a product and put your name on it and in under 12 months the product you built is leaking.