If your goal is passive income, buying a property that has a lot of equity but produces no income is not a good investment for you.

I have acquired and kept houses and apartments and the latter is easier to lease, manage and they produce more cashflows with less risks.

For some lenders, the rental income has to show up on two tax returns before they "count it" as part of the income being produced.

One evaluation is to assume 100% financing and see if the property produces enough cash flow

I know that at least one guru has said to produce these justifications ....

Where I do think it could shine is in presentation - it's something that can be carried around and produced in a flash, without waiting for boot up time, to present ideas and proposals in a very striking and dynamic visual mode unlike anything we've had before.

I am a new investor and I just thought I'd seek your advice on this: Does anyone know how I can assign an REO so that I don't have to produce my own funds for the A to B transaction?

Thanks gentlemen I am going to adjust the price and see what type of results that produces.

The only draw back to a top producing agent that some people will not contend with is they price properties so they sell fast.

When repaired what value might produce a quick sale?