Homeowners think they house is worth 50KComps Sell at 65KHomeowners are divorcing and want to sell for cash buyersYou can offer 40-50K and Homeowners will acceptYou have bad credit but You find an loan for 50K with 8 percent (HardMoney) you may get approved for Repairs of home small $500 to make ready (you can paint walls and move in tomorrow Rent for $900-950HOA is $220 a monthTaxes not determined yet you guess themWhat do you offer?

They heard my husband and I talking about ideas to open up walls, change layout, add walk-in-closet, etc.

This is also a great way to see who will waste your time or not.

However, he told me in order to assure him that I'm not wasting his time he needs me to sign a buyer representation agreement.

Utilities not onInoperable heat supplyMissing or insufficient weather-strippingLoose or torn carpetMissing or cracked electrical outlet cover platesCracked or peeling paint on wallsCracked or broken window panesMissing refrigerator kick platesEvidence of roof leaks/pipe leaksDirty stoves, ovens or walls and unkempt perimeter surrounding houseInsufficient bath ventilation and inoperable smoke detectorsLeaking faucets or plumbingNo temperature/pressure relief on water heatersYou screen your own tenants, then you submit the paperwork to have a tenant approved by the Housing Authority.  

If its a small amount we suit up (masks/gloves), get trash bags and remove it ourselves....If it's a big amount in each room and it's in the walls you need to call for a quote from an abatement company. 

That type of property you are just spinning wheels and wasting time.

And/or hire local mentors when you are ready... but read everything you can get your hands on first so you aren't wasting your $$ on introductory stuff that's in every Real Estate Investing Book 101. 

She was suppose to be out today and I went over and there was garbage and a few holes in the wall.

Hi everybody, The tenant in Manore Austin, just moved out and the carpet needs to be cleaned and we should paint the walls too.