We just need a little bit of hands on learning from someone who is willing to teach us.

s=51Oh yeah, I'm always looking for "boots" on the ground - if you are a newbie, have lots of time and willing to get your hands dirty and learn this awesome new way of investing, message me.   

I can tell you from first hand experience that depending on how well the former owner kept it you will have your hands full.

It seems like I'm about to put my life in the hands of my contractor. 203k is cool for allowing me to roll the renovation costs into the mortgage, but with that allowance come stipulations.

On the one hand, you could buy the property at the HOA foreclosure auction, assuming you would pay less for it than what your FC costs would be.

Becoming so laser focused on REI and getting my hands on every source of material I can to learn.

On top of all this my attorney was not at all responsive to any questions I had regarding the contract so I was forced to hand all this over to a new attorney who BTW has been phenomenal This was extension number one.

On the other hand I could but a fixer upper, pay the payment on it and then hopefully sell for a small profit to help fund another deal.Thoughts?

If you want to bribe him out by giving back his deposit you hand it to him the day before the eviction hearing after he clears out all his belongings, you have changed the locks and he is headed down the lane.

They're currently undergoing litigation to recover the property but don't expect to get much out of them unless they can garnish his wage from the VA.On the other hand, my father is a doctor and when starting at a new clinic, the doctors approached him to buy into the property.