Thanks allI think this ultimately comes down to the following: Will your return on investment be better with a new purchase than your current return on equity for that $200K?

Strategic, targeted renovations focusing on market appeal significantly boosted value and rental income.

As the bad apples make everyone look bad and be presumed guilty of malfeasance, which ultimately means less investment $$$ and longer due diligence cycles and legal costs. 

This often comes as a huge surprise very late in the process of a sale.Sure, the title company may have screwed up (they may have even listened to the borrower assuring them no, I don't have a 2nd) but ultimately the debt is for the original borrower to pay.

Ultimately, Lawton could be appealing to cash-flow-focused investors comfortable with high-risk, high-reward environments and looking to leverage a reliable rental base tied to Fort Sill.

Offering $450K would leave room to cover the $50K in repairs, and since market rents support a solid increase after updates, this could boost your long-term cash flow significantly.

It's very doable, every day I see and talk to people who make living doing this, but ultimately few people succeed in it (just as in ANY business out there).I wish you best of the luck.

Focus on boosting your search rankings with targeted SEO, and then bid out everyone else to dominate the ad space.

Despite his best efforts to prove material participation, Jackson fell short, ultimately losing his case in tax court.

Each property is different so ultimately you need to look at the numbers and see what makes sense.