And you've still got an ancient property in a crappy area.What's the equity doing?

I know this post is ancient but Mr Investor, do you mind emailing me a copy of your flex contract.

I've bought houses with overloaded panels or 60 amp ancient fuse boxes with pennies in them.

Last year, he had to sit and stink through temperatures hot enough to make a donkey lie down and explode as techs dithered around the ancient A/C.

@Chad Urbshott  Hey guys this is what I get daily in Vegas for free.. from the title co.. and then when your there to bid there is a rep from the title company walking around talking to bidders when you have further questions.. all for non charge they just want you to use them if you win /  when you resell.1177-10-818-1001115 ADELMAN DR8912320061009-1300 - DOT POS UNK - $30,800** BID WITH CAUTION **PRIOR UNRELEASED DOT RECORDED 11-03-2004, WILL ATTEMPT INDEMNITY $217,500DOT IN FIRST POSTION RECORDED 10-09-2006 $247,2002138-09-713-0347625 ADVANTAGE CT8912920071102-01702 - 1ST DOT - $258,205** UNABLE TO INSURE **ACTIVE BANKRUPTCY CASE - NO ORDER LIFTING STAY ENTERED3178-16-412-00962 ANCIENT HILLS LN8907420060321-3223 - 1ST DOT - $480,853** BID WITH CAUTION **LIS PENDENS RECORDED 04-05-20194179-20-812-089688 ANNE LN8901520060721-542 - 1ST DOT - $128,000HOA - (ASSESSMENTS) RECORDED 03-12-2019 $1,6405177-16-610-009360 AUTUMN HUE AVE8912320070822-4937 - 1ST DOT - $564,350** UNABLE TO INSURE **PROPERTY SOLD.

Many of the places we saw were what we associated with typical student rentals - old houses in fair to poor condition, with students sandwiched into small rooms and ancient common areas in serious need of updates.After much searching, we came upon a nice 5 bedroom brick home about the same 10 minute walk from our daughter's main classroom building as her freshman dorm. 

Other downsides to this deal....panel is original 70 amp, and the furnace and AC are ancient. 

I congratulate poor young men upon being born to that ancient and honourable degree which renders it necessary that they should devote themselves to hard work.

The only issue is that it comes with an ancient lien from the city from 1992 that has been accumulating up to the tune of about 1M.

We are thrilled to be able to provide our current tenants with renovated + safe access to their units, updated interiors, replace ancient HVAC systems and bring their roofs up to standard.