I would want to examine the books closely to see if the numbers work.

I think it is important for all the "johnny come lately" types to realize how long, painful, and nerve-wracking the short sale process is.

Of course anyone that would "buy" a property for 5K and then "fix it up" needs to have their head examined.

The home inspector will say that because of the snow they were unable to thoroughly examine the roof.

Its alright though. my nerves were going crazy and it was a bit of a relief. i realized i wasn't completely ready yet. also i think i may look more into multi family homes for cash flow. it seems to be more of a comfortable process?

Here is an excerpt from our rental criteria, so you can get an idea of what landlords who would consider renting to someone with legal history might examine.

I can talk to one person about Anacostia  and they think it's the most horrifying unmanageable battle zone not worth examining.

I pay them on a per diem basis each time they do a walk through.4) Extermination - provided by condo.5) Electrical - once every 1-2 year I have a licensed electrician examine all electricals in the apartment.6) Insurance - my insurance agents take care of that, and my tenants have renter's insurance with my name as additional insured.7) Lease - my attorney takes care of that.8) finding tenants - my real estate agents take care of that based on criteria I provide, and I use online screening sites to screen tenants background.

And then you've got to examine your intent before trying that 1031. 

Hi @Jack Forester .I'm wracking my brain trying to figure this out.