Also, I heard foreclosed properties can be reclaimed by the original owner within a certain timeframe after repossession depending on where you are.

Our original plan was to keep it as a rental.

Originally posted by @Thomas S.

Originally posted by @Kyle Tweed:What are your best techniques to decide on specific areas to purchase houses to rehab?

Originally posted by @Joe Arida:Why don't you write up a document stating you will have the toilet installed and just bill the tenant back for it? 

Originally posted by @Fernanda Felton:@Antoine Martel you know I’ve been looking at Ohio-liked Cleveland area due to strong healthcare market.

Originally posted by @Anthony Gayden:That's because some were grossly overpriced.Just as an example, there are 4 plex buildings immediately across the street from mine for sale for $350,000.

You can usually identify the origin of the fire.

Originally posted by @Mitch Messer:Hi @William Henze and welcome to BiggerPockets!

So here's how it played out in my head.1) Get a loan from a Hard Money Lender for $120k.2) Find five properties for $100k or less.3) Use $100k of the $120k loan to make the down payments and keep the other $20k in reserve to cover closing costs and any minor repairs needed for the properties. 4) Get the properties rented out and within six months to a year, refinance the properties to pay off the original lender.Now, on paper, this idea sounded really good and I assumed it would be feasible.