I don't love it, would recommend to make sure you won't be putting yourself in a bad position.

Pros: -Most major cap ex fixes are covered-A lot less to rehab if bad tenants- great HOA can fend off bad neighborsNegatives:-If problem happens between units can be a headache-tenants tend to not stay as long-bad hoa can cause some issues There is many factors for you to determine- each situation is different

Add in the down payment of $3500 and you're at $69,465.You're paying market value and getting a high interest loan.Also, verify the trash and sewer data.As for the house itself, seems like a bad deal to me.

As far as cash flow, the best way to achieve at least 1% is going to be through multi units.Getting your license wasn't a bad idea because it helps you get a feel for running comps and understanding the market better.

@Julian Joseph  Personally, I'm of the mindset that debt that doesn't produce income is a bad debt. 

If they start demo,and then never get back to that site, you're in a bad position as you've put in 100% and now have to put in 100% of the rehab as well when you take it back.  

I badly need to finish up my current flip and my contractor bailed

One or two bad reviews are probably not a big deal, but 10 might be. 

You've got to rub her face in the stupid lie, as bad as it makes you feel and as alien to your sensibilities and egalitarian notions it seems to be.

I was wondering if anyone has had a bad experience with Brian Jordan, Lonestar Holdings, Hometown Property Solutions, BOSS Realty, 614 Capital Partners or Downing Properties.