Be sure and get a proper inspection on that building done by a licensed inspector and accompany him/her through the inspection every step of the way. 

ORDid they foreclose on the proper legal description, and then messed up the legal description on the sale ?

I would contact a local entity attorney and pay a couple hundred dollars to have all your questions answered and everything set up properly. 

Yes Section 8 provides a consistent dependable cash flow, however you must make sure the apartment can pass the Section 8 inspection and sometimes they can vary based on the inspector and you have still screen candidates properly. 

In my experience, a foreclosure auction does not sell for less than what the mortgage balance is.

It is both psychological AND legal protection, so long as it is set up properly and maintained properly. 

I feel like I am on the right path because the three properties I wanted to make an offer on were quickly sold before I pulled the trigger.One of the most difficult things for me to find is a property which still needs improvements so I can increase the value to justify raising rents and accomplishing a proper BRRRR, but one that does not need a complete tear out and remodel. 

To do this, I need to show my dad first hand that real estate can be extremely profitable if properly executed.With that being said, I'm writing this post to seek ideas for information I should include in the presentation, as well as any pros/cons/stories regarding the above options and real estate investing in general.

If TMobile is the “uncarrier,” we want to be the “uncontractor.”My advice, after checking for proper work comp, is to meet with your contractor with his crew.

As I get closer I want to make sure i hav the right systems in place to give existing tenets and new tenets proper leases, give them my contact info and get an auto rent pay system in place.