Since REO's have potential unknown liability issues, is it more likely a "you get what you pay for" situation.A home may have a price of $250k, but have an estimated value of $300k (based on size, age, neigborhood, etc), but that means the bank estimates there is $50k worth of liability (whether that is unknown debt or repairs).

I wouldn't bet on that.I mean, it beats a savings account or bond... but there's better money to be made.

You need to get that asbestos price and shop around because I bet the prices will be all over the place.

This method is not good unless you find someone who will sell this way, your best bet would be calling FSBO's.

I think finding an individual investor to hold a note on your property would be your best bet and you look for individual investors for each deal.

The foundation size is approx 1,100 sq ft for the whole house.

These degrees of separation will create an "iron veil", and while it is over kill for a portfolio of just a few properties, if you plan to grow to any size, you will be set with the ground work in place.

In a few more years of tenants I'm afraid the drywall may need removed and new studs put in.I'm considering purchasing a flat panel wall mount that will fit the size and weight of most retail TV's and installing it myself and making this part of the lease that the wall mount can't be removed.This rental is in a higher end development so the concern of the tenant not having a flat panel should be slim.

From reading, I do understand that there is no 'one size fits all' for structuring syndications.

Located in a small town near a mid-size city.