Even though they have good equity the cost to go foreclose on them would destroy any equity.

However; I'm relocating back to Redding where I own property, have family, and it was hit extremely hard by the fire with over 1000 homes destroyed and others damaged.

Most sellers wont spend the time to send true documentation until you've made an offer and its accepted.

For example, let's say your roof is destroyed because a tree falls on it. 

Read the book and you wont be disappointed about what you learn.

Hard to tell based on the distant picture but it looks pretty good to me "as is"Your mindset for a rental vs a flip or personal residence has to be different...... you want it decent, visually presentable and durable....but not so nice that you are wasting $$ or are going to be pissed when the tenant damages or destroys it...because they will.....not IF, but how bad.......I would not paint those cabinets....re-stain at best.

As if this market isin't difficult enough, the car salesman broker on multi I have under contract, wont supply a T12.Lender emphatically stated he needed the trailing 12 month expense breakdown to move forward on the loan.Broker says he never heard of a T12 before and just wants to obfuscate with a yearly report. 

She had her take my children and my name off of rent-controlled lease and my mother destroyed my documents and some of my works, I wrote short stories, and threw out my clothes and shoes.

With $100k income and solid budget and some determination, I'm sure you can destroy those $6k pretty fast.2.

@Caleb Teachout both stocks and real estate can generate massive wealth or totally destroy you.