Splitting the meters is costly, and in my area the majority of the multi's were not originally built that way, so separating the water lines is necessary after you get the new meter.

The house is fairly clean with no major structural issues.

Starting the new year off with a major typo!

The town is approx. 17,000 and the facility is also in close proximity of 3 major Lakes and one small University.

As of right now we are in a major bull market, so this could prove profitable all on it's own.

Nick- I'm focusing on 3bed/2bath, under 2000 sq ft, not afraid to do some renovating, but not looking for major overhauls!

Its a numbers game and thats just what it takes to take deals down off MLS.2) What I would suggest is finding 2 or 3 realtors that are the listing agents for a majority of the bank owned properties in your area.

I have already cross referenced my list with the county probate files, so this is only pertaining to estates not in probate (which happens to be the majority of my list).

Great letter...that will go a long way in helping you find a well-qualified applicant.I'm in a major urban market with high rents so to me, the requirement that the tenant earn three times the rent seems too high.

This is a type of relationship where you are looking for turnkey rental cash flow, not major market appreciation for a flip.