I’m comfortable covering the negative cash flow with my Flipping income and keeping a reserve to cover issues that come up I believe that generally it’s a poor business decision to purchase rental properties with no or negative cash flow and relying on appreciation however since my all in cost is zero or negative (because I profit from the refi sometimes) I’m wondering what you all think about doing BRRRR’s with no cash flow or if I’m better off flipping these properties.

One of my mentors used to use a 7 point scale, some use ABC, some ABCDEF, Baltimore City has a map that goes to G, I believe.

In order to convert the house into three units it will need at least $ 105k in rehab.I believe a savy investor can turn the current property into three units plus develop the two l0ts and build two duplexes or two single family houses ( arv for the area 2/2 130-140k 3/2 160-185).most houses in the areas are rental properties although is a very convenient area close to all major highways, MLB Statium and 15-20 minute drive to city capital (Atlanta). i would like to wholesale this deal or possibly partner up on the deal..

I believe you have to get invited?

Believe it or not, I've had the most luck going through the FSBOs on Craigslist and just calling/texting the owners directly!

Especially, if you believe that the area will remain stable for a number of years.

We believed the suggestion from Morris is ridiculous and have these two ideas for legal consulting, we are Canadian, don't really know US laws, just from some common sense and general knowledge about laws: 1)Indy Jax (Ocean Pointe) only shows up on the deed, no document between them and us, it seems there is no ground we can sue them, right?

@Mary Jay I empathize totally with your sentiments about your job, you wouldn't believe me if I told you the story of my last one, but you have to hit pause for a minute because you're all over the place.What I'm hearing you say is that you want to quit your job so you can go do something else/better... in order to do that you need to have other resources and income. 

I firmly believe the best start to financial security is to own the home you live in. 

I have several CPAs that I believe are quite good not to mention a tax attorney.