I haven't seen that too much on the forums as a method of finding areas to buy. 

Of course, I will also file legal methods to remove them, but it can take awhile. 

Just be careful or just don't do it to eliminate this risk.As for the money with your parents, if they haven't said "yes you can borrow that when you need to replace the plumbing in two of your units", then I wouldn't count on it.

I did use a contractor to help out with some of the major repairs (42 windows, brand new plumbing, new hardwood floors, and converting from radiators to central air) the rest I did myself so I got exposure to working with contractors and truly understanding what kind of work is involved and what some of the costs in a rehab might be and how to survey a property for needed repairs.

Personally, I didn't use his method, but I have sent it to a couple friends to get them jacked up about real estate. 

Figure out how to pay off all the credit card debt you just racked up when you haven't made a single dollar with their "method."

I learned that the property has hardwood refinished floors, new windows, a new roof, and new plumbing, even though I took a look inside the property and could have known that myself had it not been the first property I ever looked at inside and if I wasn't so focused on the age of the home itself..

To clarify one point the house had "frozen pipes / plumbing issue" so was offered AS IS.Because of that plumbing issue, a cash offer or rehab type loan was required, as the house wouldn't qualify for normal financing.

Anyone else ever try this method? 

What is the best method to use for financing a rehabilitation less than $100k?