I would greatly appreciate if you reply with an image of your card. 

If you are reading this and are investing in the Los Angeles area and would like to connect, feel free to reply.

Hi Michael, thanks for the quick reply and providing the link.

Once I establish I'm doing the math correctly and I find some good options in the area, I'll probably invest in 2-4 units.

And BiggerPockets won't let me edit it or post another article with the correct info.So here's what the ad is supposed to say: "I Will Buy Your House for Full Market Value minus Repairs."

Most areas like whitehall or other areas of columbus haven't appreciated at all and sell for the same price they did in 1990s. depends on the area. but whitehall might be a bit more, just depends where it is exactly. rent seems correct. property management seems correct. did you account for turnover?

Yes, that is correct on REO’s, typically.....I was referring to actual foreclosure auctions.

So if I am understanding this correctly, you pay 1400 to the owner, keep the 600, and then pay for repairs over 700?

By that time the market in SoCal will correct and you can buy at a much better price point and you may be able to buy 2-3 properties at that point.

OK thanks for the replies.