There are probably gems out there and it’s not a problem as long as the prices keep going up; however, what you’ll pay $200k for here in Pensacola is likely $500-$600k+ there.

Great to hear you are factoring taking over someone else's problem as part of the price. 

Phoenix was a hot spot for the cause of the problem, as was Las Vegas.In 2020, housing is an innocent bystander to a probable recession caused by a pandemic.

I have not had a huge problem. A

I'd remove the ponds because the upkeep and maintenance will be a problem as a rental.

A door that won't open because the toilet is too close to it is a problem; a kitchen light that isn't quite centred in the room, not as big of a deal. 

The conventional loan that you are speaking of, is the exact same problem as the FHA.

I will chime on here and give updates as things progress.Where: Houston, TXWhere did we find the property: WholesalerDetails: 4 Bed, 2 Bath, 2439SF, 2 Car garage.Purchase price: $189,900ARV: $320,000Rehab: $65,000.We did run into one problem as we were closing when I met the contractor out there we noticed the outlets weren't grounded.  

The problem, as Andrew Fidler witnessed, is that judges will interpret the CARES Act as they see fit:(So, be prepared to explain to an owner client if/when this happens.

He has been renting for a few years with no problem.  A