Welcome to the site @Kerisha Johnson, thanks for taking the time for an introduction.I bet you understand the value of some great books, check out some of these awesome ones: Best REI BooksI hope your long time goals are eventually realized.

Total value of the duplex after running the numbers was $75k owner wants $89k.I also told him I would back up my $75k with cash after I do a physical inspection, if this place is as nice inside as he said it was.If he gets the owner to go at $75k I will have the first shot at this one.The SFH, Ughh, has mold on the first 4' of the entire finished basement, needs a complete tear off roof, and a lot of siding repair.

in 90 days should easily turn 30% on the real cash you put in.I'd bet dollars that investors with construction knowledge and skills are missing this boat.

I'd like to "remove the filter" so to speak.I bet you're starting to wonder if there's a question hidden somewhere in this post...the answer is yes, and here it is:I'm looking for a broker that won't charge me to death with monthly fees and percentages.

HUD guidelines will be national, bet on it.Might not be as a favor to investors as just not getting activity in the last 15 days, so open it to the entire market place.

Without knowing anything about it, i'd bet it's not a deal and priced too high.

And I'll bet it would be a cash making machine.

Then finally 3) find out what the actual rental values for similar houses are (even if there aren't many in the area go a little father out, which BTW isn't bad since if it one of only a few rentals in the area then it is be more desirable).Your best bet is to find a Relator that can give you a price opinion on the place, and hopefully get you an opinion on rental value.

If she is getting tenants in, they should be coming up with new deposits as well, so those can be set aside.She can also provide a note for the 6K, it would be easier to seek damages from a defaulted note than physical damages to RE.

Your best bet is likely to apply for both with your loan officer so they understand what may be happening and discuss any strategies they see in which goes first and second and if it will matter.