Unhappy special interests got legislation passed that said "only if the owner redeems" and the law was specified as retroactive.I am paraphrasing, but the recent decision said, "You cannot just pass a law and make it retroactive and deprive people of their property rights with a wave of your magic wand!"

Trying to pass a special assessment was impossible because nobody knew what was going on and the owners who were religiously making their monthly payments realized some of their neighbors didn’t even know they were supposed to pay anything for years!

Anything with a dollar sign next to it costs money.1) Provide basic info and ID2) Pass a background check (good for 90 days) $3) Pass your SRE exam - this is more like an online course.$4) Pass your trade exam - the IRC will be your new bible.

Great cabin but I would pass as a rental.

If your agent is sharp, you'll only deal with pre-qualified buyers, not tire kickers.But, many will complain, "The house won't pass a VA/FHA/USDA inspection!" 

Normally you have to take a bunch of classes, pass a test, and then find a sponsoring broker. 

HI, I'm a new wannabe investor from abroad, due to low budget I have started to look and analyze opportunities in Columbus, Ohio metro.i find estate that does not publish on zillow (i call that "off market" ;) ) at a really low price, but the house condition is bad, and It should pass a deep rehab..this house in good suburb, and the meaning ARV of the house in this area is between 131-188K (it's depend on the analyze method), the house offered in the for 60K and i sure it's can be decrease - the problem is that i dont know and dont have the tools to estimate the rehab expenses. the rent estimate is 1500$.what do you think?

HI, I'm a new wannabe investor from abroad, due to low budget I have started to look and analyze opportunities in Columbus, Ohio metro.i find estate that does not publish on zillow (i call that "off market" ;) ) at a really low price, but the house condition is bad, and It should pass a deep rehab. this house in good suburb, and the meaning ARV of the house in this area is between 131-188K (it's depend on the analyze method), the house offered in the for 60K and i sure it's can be decrease - the problem is that i dont know and dont have the tools to estimate the rehab expenses. the rent estimate is 1500$.what do you think?

PassAs you noted, this deal makes no sense when applying leverage because the interest rate is above the cap rate.This makes a little more sense when factoring in the rent increases.  

(Note: I typically post rent demand before dawn on the 6th, but I had committed to a per-diem job for that day.)On tenants who have an impeccable payment history and are otherwise cooperative and adhere to the lease I may give a once-per-lifetime "pass" as a courtesy if they square up within a few days (i.e. before the rent demand letter gets posted).