Nathan Rice

@Marc Rice not sure I understand what you’re saying .. banks are saying they’ll do 70-75 not any more.

Javon Rice,There are a lot of variables left out of this equation, such as repair costs, but you're on the right track.

@Marvin Rice- We are flipping in Lapeer since that is where my business partner lives.

That means you may have to eat beans and rice for a while.

Originally posted by Pam Rice: If I were you, I'd focus on truth in advertising - if you say it's a 3-bedroom, you better have 3 rooms that the viewers will think are actual bedrooms.

Kollen-Rice called "Buying Real Estate Foreclosures" I thought it was really good.Steph

I am curious as to why you see it as a poor investment because purely from a numbers standpoint and everything else being equal I would be all over this like white on rice!!!

But I am going to be on them like white on rice - basically get double the rent in security deposit or get co-signatures from a parent or two, and visit three times a year.

I completely agree with @Joseph Rice and would emphasize knowing your market rents.