I am shocked that he can still function and at the same address without being shut down.

Yeah, I agree....although there are at least a couple of ebay sellers who have their buyers do the deed-recording(and I imaginefew buyers would be remiss in getting this done when reminded that legally, they don`t actually own the property until the Deed is recorded.That, and even the would-be flippers know they can`t legally sell RE not already titled in their own name without a license), but yes, you are right.I would hate to get a property-tax bill, or worse yet, notice of impending lawsuit from someone who fell and got hurt on the property, due to a buyer not recording the Deed on a property I *thought* I sold 6 months or a year ago :shock: I think recording the Deed for the buyer is the way to go.

I would have been shocked if this was not their finding. 

I might look a little further out (like Pleasant Hill) if you really want to stay in that price range.

Because California based investors are conditioned to absorbent prices for real estate and costs of living, I have found they are pleasantly surprised to see that price points are lower, returns are higher, and the class of the properties is better in Georgia. 

I am posting to help investors avoid sticker shock when applying for a commercial or multifamily loans.

There definitely needs to be a little patience on the buy side this year as I think the sellers are still in shock.  

Pleasant and would like to get more involved in investing in real estate.

I'd be shocked if I could get it for $130K, even $135K would be a pretty sweet deal for the area.Then again maybe the yard is a bigger issue than I think.

I would be pretty shocked if someone could make higher risk-adjusted returns rehabbing in Austin than they would make with new builds.