But here's a rough idea of the basic steps involved and what it cost when I did it: STEPS:~ Drain the pool~ Remove pool equipment & cap off water lines~ Remove/cap off any unused electrical~ Knock down the edges around the pool and make holes in the bottom of the pool for drainage ~ Fill pool with "clean fill" material (i.e. soil, gravel, rock, sand, etc)~ Tamp the fill material as you put it in to compact it and reduce the chance of it settling over time once it's all fullCOSTS: (we did the labor ourselves so this is just for the material)~ $450 to buy a jackhammer to knock down the edges around the pool and also to make the holes in the bottom (we could have rented a jackhammer for cheaper but this way we own one and can use it on future jobs)~ $1600 for the fill dirt (it was a lot of dirt!)

The power of showing a seller with red numbers on a document is much more powerful than simply throwing numbers back at him.The fact that the bank will not finance the property at his number may also sway him.My recommendation is to NEVER buy a property that negatively cash flows, unless an experienced operator can turn around very quickly.

I’m a Realtor and investor myself south of the metro in Red Wing, I currently have about twenty units I own.Feel free to send me a message if you would like to meet for coffee or to network!

@Douglas Harris I like the markets of Memphis, Little Rock, Kansas City and Indianapolis.I have done a ton of research and interviewed 20+ turnkey providers/RE agents/and local investors and narrowing it down to a handful of people I wanted to work with.

@Jonathan Safa @DeWitt GibsonAirBnB/VRBO in Scottsdale is red hot right now.

Applicants with red flags such as bankruptcy, a previous eviction, missing utility payments, or defaulting on alimony payments should be avoided.Rental HistoryA previous rental history is the ideal way to find out how a potential tenant will treat your investment property.

You have to have a eye brow raising amount of listings to be red flagged by air bnb.

They likely bought at the height of the pre-crash market and are now trying to sell and maybe break even, but the cost to have a listing agent would put them back into the red.

Since we are mid-progress, still have a lot to go including: Drywall (half the house needs it), painting throughout (neutral light gray tones), kitchen put back together, recessed lights installed (all LED), floors re-sanded and stained (original red oak on 1st & 2nd floor), etc etc. 

If they know you're married, that could be a red flag that you each have your own primary residence, however, there are actual married couples with their own homes.