I bought the house at 82k conv loan 5% down (78k financed), 30 years @ 4%, tax assessed value was at 160k back in the boom (just for simple reference) right now as a 2/1 I believe ARV to be about 115k, maybe a hair more.

While finishing up my education at beautiful UCLA, I've recently decided follow my family's footsteps and dive into the world of real estate.

Closing at $40 per sq. foot less than the neighborhood average on a beautiful home built in 2005.

I was able to pick up this beauty for 80% of its value and it drive better than any of my other vehicle.

While this can be an attractive feature it may mean that you can have trouble with septic systems, trouble in remodeling, trouble rebuilding if a property were to burn down.There are some beautiful homes on the Puget Sound near where I live.

Tenants are notorious for pulling out the pop up stopper and dropping toothbrushes, hair, toothpaste caps, etc down the drain.Glacier Bay is basically a lower quality Delta.

Its a beautiful condo on the water and i would love start marketing this thing to tenant buyers, but his contract with the agent doesn't expire till 12-31-12.

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Seems like it's going to turn out beautifully!

That is a beautiful and thorough transformation!