These 75 yellow letters (and envelopes) were printed with red ink instead of black.

In addition to working with clients I was looking at buying with cash a few properties a month to resale to investors.My thought with investors is they can pay all cash versus the red tape from home buyers.No underwriting or appraisal and waiting games.Decision to purchase from me is numbers based and not emotional.With my multiple niches I would like to add another income stream but not have that one stream take up all my time.Example if you can resale for cash 4 properties a month at a 10k profit that is 40k versus a flip in 90 days at maybe 25k in profit.Ryan Pyles post in another topic intrigued me and I have been thinking on this type of transaction awhile."

Also get more details from the tenant.could be a red flag or could be a valid complaint, just need to dig a little deeper to find out.

Dealing with a custodian can be tedious, with all the red tape involved in releasing the funds.

It would be great to see some red blooded Americans stepping up as homeowners, and I'd love for you to get paid instead of one of these idiots that doesn't speak english.Me: Uhhh...

Thanks Raymond and Ned's promptly response.Remtometor finds 1000 properties within 7.4 miles and indicates my rental may be too high (in RED).

I would just be careful if you plan on going to an Austin event Bryan Hancock and crew may not allow anyone north of the Red River...

It is exactly the OO buys that are squeezing prices upward and frustrating red-blooded capitalist real estate investors such as myself, intermingled with legitimate investor bid competition.Ultimately, and notwithstanding sentimental sway or insider bias, my fear (yet mercenarial pleasure as an opportunistic REI buyer) is that these FHA-supported purchases will again fail their debt service obligations in a couple years, swirling us back into another "correction" when this present swath of FHA loans collectively turn sour.You heard it here first (as far as I know) - ANOTHER market downturn, caused by (mostly) FHA mortgage failures, within the next couple years.I plan to "dollar-cost-average" my purchases, tempering volume in these present days of over-represented values and betting on another round of bust in the near future.Peace.

There are some red flags I do not want to deal with, we are not desperate.

This is a huge portion of the expenses that I would need to be sure about.I would say "Forget this deal, if owner pays the heat in Michigan its an red flag".