Investment Info:Small multi-family (2-4 units) buy & hold investment in Colorado Springs.

If you put the home Under contract for 65% of ACTUAL value or less you will NEVER be without a buyer.Wholesalers get in hot water or have to rescind contracts when they commit to purchase a property for more than they can sell it for.

It is imperative to know that your property is healthy.Trevor Conklin, you will need to factor in other costs such as insurance, water and management fees. 

Now, I need to know the exact usable space, wetland delineation, water & sewer hookup cost, mitigation banking, cleaning up the trees, construction cost as exact as possible.

We rented our  1st house this december for  $2,100 ,  We could easily sell it in the spring/ summer for $260k.  

From pre-foreclosure to an actual foreclosure that can be purchased, it can easily be days, months, years, and that's assuming the borrower doesn't try to get in good standing.Also, to make the waters more murky, I know situations where people have switched over the property from their name to an estate or LLC or such and it marks the property as pre-foreclosure.

(All have recently updated - 2 years - major appliances, AC units, Heaters, etc) Only Tax, Insurance, HOA fees, water are included below. 

$550 down the drain, results = 1 jumper to hold ground if the water meter is removed.

I couldn't quite figure out whether or not utilities like electricity and water/sewage should be paid by Landlord or tenant, so I assumed the tenant would pay and moved on.I look forward to everyone's feedback!

Hey BP community,I'm a first time homebuyer that wants to make my first home a rental down the road and I'm evaluating a property in Hurst that I have an opportunity to jump on pre-market.Here are the details on the house:1316 Redbud dr. 3bd/2bath1910sqft, 10+ year old AC/Heat system 4 yr old roofold water heaterThe house needs new floors in all bedrooms and the kitchen needs updating.Enclosed rear porch.The comps in the immediate area, based on my rookie evaluation came out around 220k and they want 230k for the house as-is with a lease back option for a couple months to accommodate my upcoming wedding.