A good rental reference or two would put my mind to ease, that and of course a fat security deposit.

Originally posted by @Nicolas Beaujean:@Jay HinrichsLOL, two hours ago I didn't like you-now I do hang around BP long enough and you too will be offered a 20mil loan at 3% and you dont even have to make payments.Just have to send 25k to buy an insurance policy that the lender will be repaid  :)  you Render Fat  not loans !!!

Phillip Gonzales I know nothing about you other than what you have divulged in your message here but to me this is the same no-win situation as when a woman asks "does this make me look fat?"  

If the unit is located in a moist location the burner plate will corrode faster than normal and be more likely to throw off the tune of the unit and lead to possible excessive carbon monoxide.

When I'm "fat" (good cashflow) I'm inclined to look at acquiring High Appreciation/Low Cashflow properties.When I need cashflow I tend to look for Lower Appreciating/Positive Cashflow Real Estate.Then there's my decision to:Buy, Fix-up, Sell?

Hard to beat a Chevy with the 5.3 if you only need a gas burner.

I am working on about a 10k margin, I know thats not fat enough for most of you but if I can break even and gain the knowledge, then for a first flip it might be a win.

I've been rehabbing properties for thirty years and my own house has ALWAYS taken the back burner.

So it looks like they got the house with termite for your contract price.The house had very little equity as it was encumbered with a fat HUD insured reverse mortgage that was called due.

It was over.We kept this house on the back burner (knowing that deals do fall through).