Imagine in your due diligence for the project that you came across testimony as to how the Catholic non-profit housing agency (Catholic AND non-profit...and still crooks - wow) operates.

Frankly I can't imagine a more insane thing to do than to try to do a fix and flip remotely.

Now, imagine if these corporations could somehow influence our politicians; they could basically control legislation to ensure that not only do they continue to have favorable tax treatment, but they could also rig the system to ensure that true capitalism couldn't thrive, as the "little guy" would have little ability to compete.That's as big a problem as individuals not paying tax (which is clearly a major problem as well).

Considering that half the 10 - 30 unit properties I know of around here are owned by people or companies based 100 miles away, I can't imagine they're all self-managed.

I can imagine why going from newport beach to grand blanc area and seeing rent vs Purchase price may excite you.

Like in any case though, I can imagine that in situations with little or no sales, when a traditional appraisal is difficult, that any AVM software would have issues.

World class universities and medical centers, every amusement facility you can imagine, cultural events, sports team, and shopping galore!

However, I can imagine a situation that a flipper/rehabber would not be operating under an LLC or other business entity, but rather his own name.

I can't even imagine adding kids to the mix.My hubby and I are actually in the process of downsizing...a LOT...and attacking this whole debt repayment thing in a completely different manner.

I can't imagine a bank accepting a short-sale from you with you having 60K available and them not requiring you to pay that towards the balance.