Justins eyes light up and he said its perfect this is the one.

I wanted to get some more experienced eyes on this deal and see if it is a good deal.

You may want to hire someone to consult with to make sure you are doing everything correctly.The issues that I normally catch are people not properly allocating expenses to business and personal.For example, mortgage interest will likely be split between personal(part where you live) and business(area where tenant live).Furthermore, I often see people deducting the full mortgage payment when only the payment to mortgage interest / real estate taxes are deductible.best of luck!

I saw a listing for a foreclosure for very little money, but think there must be some catch to it.

To my eye this seemed a bit high, I pinged the Internet, and the phone started ringing.  

We quickly figured out why: their sorry reputation was catching up to them, so they were changing their name.  

sorry, didn't have cell coverage for a few days and just catching up. 

Keep your eyes on the Bill currently going through the House Ways and Means Committee.  

Going from $25k to $100k can happen in the blink of an eye. 

I think the South Eastern part of the United States is trying to catch up to the Western half as far as housing goes.