Great shops and places to eat.

Because if an investor (myself), used hard money to purchase that REO then the investor cannot afford to be tied up 3-12 months trying to evict thru judicial eviction process (and associated delays), because the interest you’d be paying on hard money while not being able to move forward on repairs during eviction delays would eat up any profits.Is there a legal contract an investor could sign with occupant in presence of attorney offering occupant cash in return for keys & a final agreed upon move out date whereby if the occupant renegged on agreement the investor could go to a judge & get an eviction within 30 days or even same week ?

We can currently manage the property as is and make $150 a month without raising rents while eating water, garbage, and sewer utilities.

Get your finances in order. create a budgetmake a lifestyle change.stop eating outprepare batch mealsget rid of cable/netflix/hulumake a plan/goalstick to itstart 'driving for dollars'listen to this podcast - https://www.biggerpockets.com/show77try to find a house that you can buy with seller financingor try to wholesale it if you can'tcheck out this podcast for that https://www.biggerpockets.com/show176eat more tacos. this usually motivates me. :)Thoughts?

I had a couple that got one and it managed to eat the plug off a window air conditioner, the quarter round in the bedroom and my front porch swing,   Also tore up the shrubbery in the raised bed in the front because, of course, the dirt was nice to dig into during the hot summer months.Since then, no puppies!

Regarding the meals, if you were driving in town (not on travel), and just eating out while looking it properties, the answer would be as you stated: no. 

If they don't have much in their balance, they may have to raise the monthly fee soon which would eat into your monthly cash flow.I've never invested in a condo, so some of the things I don't know that you may want to look into:  If your upstairs neighbor has a leak that leaks into your unit, who's responsible for the repair?

Once it's ready, i'll probably put it up for 600 or so, because I've got to pay all the electric bill, and eating even a heat bill from a small apartment in wyoming in the winter is not my idea of a good time.All the while, the contractor that i've gotten is working on the next empty, and it should be done this week. it's looking really, really good.

It seems like a lot of houses have deferred maintenance that will eat up much of your cash flow in the first couple of years.Good luck to you!!!

It can never hurt to be sure you're setting aside enough for future events (especially if this is a SFH) and one month of vacancy could eat up several months of your cash flow.