If you are susceptible to that you better stay home in bed, because sadly it is rampant in our society.

I am working on the following deals with a buy and hold exit strat of 1-2 years:Deal One:REO (On Market Dec 07-offer fell through-Back on Market 12 Jan 08)2 Bed 1 bath w/ garage.17 AcresListed $189,900Comps /FMV around $190K-200K1 Year Hold Numbers$113,500 Purchase price ($190,000 * 65% for declining markets)$2270 (2% * $113,500 closing costs) $10,000 repairs $6720 Interest (6%) $468 Insurance ($39 mo w/ Earthquake cover *12)$1250 Taxes (113,500* .011) $1440 (Principal * 12)$15,200 Selling Costs 8% * ARV (6% for agents, 2% for other costs)$37,340 (Closing+Repairs+Holding+Interest+Insurance+Taxes+Selling)$150,840 Total Outlay (Purchase + Holding) $39,160 Profit (ARV-Total outlay) 2 Year Hold Numbers$113,500 Purchase price ($190,000 * 65% for declining markets - repairs)$2270 (2% * $113,500 closing costs) $10,000 repairs $13,440 Interest (6%) $936 Insurance ($39 mo w/ Earthquake cover *24)$2500 Taxes (113,500 * .011 for 1 year *2) $2880 (Principal * 24)$15,200 Selling Costs 8% * ARV (6% for agents, 2% for other costs)$47,226 (Closing + Repairs + Holding + Interest + Insurance + Taxes + Selling)$160,726 Total Outlay (Purchase + Holding) $29,274 Profit (ARV-Total outlay) I am planning to offer $113,500 working up to 120,000Does this look right?

Such as price, amt bed/bath, sq ft, and area.

It scans (flat bed or doc feeder), prints, copies legal size.

Beds/Baths,sq footage, age5.

FM's I believe have a 15 day window for owner occupants before they open up or even look at bids/offers from investors.Now, if it was another investor who got the bid accepted at $30k, its sounds like someone is in bed with someone else :) my $.02 cents!

I personally have been stopped by the police numerous times over the last 27 years-my driving career with a lead foot-and I have been detained a few times at the county bed and breakfast in my younger wilder years, In every instance I was required to show proof that I was who I claimed to be.

The owner is an elderly woman whose husband is on his death bed, it's clear they want their closing years to be in peace so they let their tenants basically do whatever they want.

I had a plumber look at it and he recommended not to hook up the radiant heat again due to cost of fixing what is there.both of my units are two bed two bath.

If you have any experiences or references it would be greatly appreciated if you share it, hopefully, this discussion can answer someone else's question when they browse the forums in the future.I found a 3 bed 2 bath 1870sqft manufactured home with a masonry foundation on a 10000 sqft lot.