This I do know: it will be much easier for me to unload my nice newer property than your ever-older property in an area that has doubtfully gotten any better.I agree with Mitch: "And besides, I'm in this game for the upside, not the monthly rental scratch.

The bank is now motivated to unload the property.

IMO in todays market, your best option is to find an old, tired landlord, one who may not need the lump sum of money right now, but has properties hes looking to unload. find someone getting out of the everyday work, and would be willing to owner carry and just collect his check every month!

They have a toxic asset they want to unload to the buyer who is most likely to close.

Have the 2"x4"x8' form lumber ready and have 3 pins for each.

We're seeing less than 5 months of inventory which is starting to look like a sellers market here.Are the banks waiting to unload some assets any time soon?

Find the local wholesalers for HVAC, windows, siding, lumber, etc.

If sistering more lumber on side of them its easy.

Even in untreated lumber, like joists, you may get twisting and lose structural integrity.Electrical connections don't like water, especially salt water, that includes low voltage circuits as well, HVAC controll, security wiring, door bell, cable and phone.....all wiring.

I needed 5% down because the seller was a finance company and they wanted to unload the fixer upper fast.