My plan is to build a solid foundation of cash flowing properties as a safety net supplemented by an occasional 1031 flip to supercharge my equity (I'd rather not take the big tax bite from traditional short term flipping).

In addition, there is a very less likelihood of a Mortgagee allowing a formal assumption due to the nature of the borrower.  

Naturally, if you're doing a rehab for a flip you'll want to paint the entire inside and put in new carpeting. 

Hello BP members, I recently retired from the military and I am excited about real estate investing as a way to supplement my retirement and build a legacy for my family.

So you have to read through the nature of the complaints and read the company's rebuttal also.

The bottom line is that economics are driven by human nature and behavior, which as we all know works the same in any part of the world and in any era, which is why history has that nasty habit of repeating itself over and over.Just last night JP Morgan agreed to buy Bear Stearns (up until Friday the 5th largest investment bank) for $2 a share!!!

Other things to consider or look for in this or other deals of this nature: Upside potentials 1.can you increase rents/decrease expenses 2.

Natural setting" - Deer will eat your landscaping."

Taxes, natural gas, electricity, or water?

This aggravated the guy that I had doing property management because he seemed to naturally drift towards to slum lord do the minimum possible mindset.