These have to be inspected for bank financing, again if you ever plan on selling, and these wells can get really sticky depending on when they were installed, if there has been and unauthorized additions to the house and whether it is in full working order.

That doesn't even make sense, it would cost at least $150 to get an inspection done..?

I am a buy and hold investor.Purchase price: $23,000Repairs: $22,000Total Investment: $45,000ARV:$68,000Gross Rent: $750/monthTax: $900/yrInsurance: $500/yrRepairs/Maint: $1250/yrVacancy Cost: $1350/yr (I used 15% but probably closer to 9%)After all is said and done I will have free cash flow of $415 per month and mortgage of $235/month.

We also schedule an annual inspection about 45 days prior to the Lease expiring and present the Lease Renewal at that time if the home appears to be well taken care of.

However that is big hike for me so you would probably find more local people willing to pay more than I would for stuff closer to there.

Waived Inspections.

Just inspected the house and needs no repairs other than finishing the basement.The HUD case number and address is:HUD Case #: 105-372644Address: 6198 Stewart Rdg Wk , Buford, GA 30518.I am hoping on selling my current home, current market value of $239,000 and amount of mortgage owned of $194K.

Closer to you is The DC REIA, Capital City REIA, Traction REIAAlso there is a group of BP members that get together in Burke.

Inspect the property have your contractors give you a bid (you could also do inspections prior to a contract but you may need to spend money for bids, so know it's a deal first).

Prospecting, negotiating contracts, inspections, organizing, and rehab can suck up a lot of time.