because its so cheap for a 4 unit its not really hard to create positive cash flow.i thought it was always 5 units to become a commercial property so ill definately have to look into that.also my grandmother who is a re agent said that in some states you cant sign contracts until your 21. that seems kind of illegal or unconstitutional or something so i wanted to find out if thats true. by the way im in PA

I would prob. only tear down if A) The town says it MUST be torn down .. or B) The foundation/structure is severly / terminally ill beyond reasonable repair.Some builders will tear down a house if say there is a 2br shack left over in an area of big expensive homes.

Obviously Im going to get myself a list of buyers, and hopefully will avoid the whole thing, since Im sure Ill only make great offers on properties I know my investors will drool over :roll: but I do want to take this into consideration.Also, tell me about your first deal.

One thing I really miss is the food, you just cant beat street vender food.and with any luck from finding this place , some day ill return !

Maybe Ill bump into you at a meeting at some point in the near future.

I Would Like To Find A Great Rental Property For $150,000 but it Just Doesnt Seem Like Ill Ever Make Enough Money To Meet My Goal For Larger $2,000,000+ properties...

Ill go first.36 now50 to retire10 mm20k month

Ill use the old numbers you are cash flowing $639.17*12=$7970.04/59000 total cash invested = 13% return on cash.

I am told it's ill advised to do anything outside of school during this year. 

I think he has some alcohol/drug problems and needs to sell right away (there’s been multiple family deaths due to old age/illnesses in the house that he says is beginning to haunt him & financially he’s barely holding on).