This must be very unfortunate for the investors because they had only sourced 70% debt so 30% of the equity from investors went poof..Re: threat of legal letter, personally I would post that online and say "wow, see the response I finally get"...

Especially if I see the humidity in the house go above 70% as that usually means they have windows open.

There are "turn key section 8" operators in Alabama that market to do all of the due diligence for you and you never even have to see the properties! 

Some insurance companies are asking to see the home inspection report in order to give you insurance or to install a $750 water shutoff valve if the home is older than 20 years old.  

Keep sharing stories, it helps people like me that find it hard to see the light at the end off the tunnel.  

The first way you get to learn the secret behind doors, see things get ugly, get your hands dirty, it may or may not save you money but will get you the working experience you needed so you can appreciate the work and know how to talk to people.

All of my investing has been in re-development and I’m looking to learn the flipping business for income.I can see the process and opportunities for properties worth flipping, but I’m trying to see the way to build a business around flipping for income while I work on larger re-development opportunities.where have you learned financing and operations?

At least until you have done your due diligence to understand the steps of being a landlord.Of course they want the address...They always want to see the property before being "prequalified"...There is salesmanship involved with finding a good tenant.

Code Enforcement came by and could see the place was freshly rehabbed, so there wasn't much to cite.

-It's been so crazy that I'm under contract for an OOS property in Indiana now with another business partner - never thought I'd see the day where I'd have to look outside of Huntsville for deals