Wouldn't landlord / tenant laws come into play here...there is a specific time frame that a landlord must wait if a tenant moves out and leaves behind belongings...after that time frame is up then the landlord can do what he/she pleases with the stuff.

This will leave to door open to have your mentor make the call.

How would you present this to the bank and make sure you make a profit say there 10k in rehab cost then couple thousand for closing then if you had to list it with a realtor 6% at arv of 100k another 6000 now were up to roughly 18k assuming the potential buyer not asking for closing and with a minimum 10k net margin you have to offer a price in 60k to leave room for negotiating.

Your testimonial seems a little like your leaving out some details, like how you have gotten all this wonderful NRU education by way of Ron's generous "tuition partnership" or not??

It's always funny to me how some landlords blame the tenant for leaving, blame the tenant for this or that......but they don't realize that sometimes the landlord is the reason that the tenant does what they do!!

Ive actually got a couple calls on my 1-800 number (and they didnt leave any messages) while I was at work.

krlovill - Ok, I am trying to follow your questions, but you are leaving out some periods and commas and it is making it difficult!

This leaves $2,500 left in the 70% formula for your fee.This is not very much room to wiggle at all.

It also preserves your inheritance and leaves you with an income while you are still "doing good".Charity is good.

We only buy properties which will yield an 11% cap however ,leaving a LOTS of product we won't buy.