Gina for some constructive feed back if you want to go down the path.. and by all means you can try it but you I will bet 90% will just throw your money and time away.but I would put the energy into finding your cash up front.. to me most of the folks go at this backwards.and not just some guy on the internet who says ya put me on your list.. remember half of them are full of crap as well and have no means.find true players in the market.. there will probably only be a few.. get meetings with them.. know them personally.. then if you scare up a deal you KNOW you have the cash behind you to buy it straight away.This is an example I rolled up on a house about 10am on a Thursday and it was going to auction the next day at 11am...

Apartment done :)The sleeves are not cheap they are $175 + labor and misc material ($50.00 worth - spray foam insulation, some backer rod, new trim on interior)The AC Wall another few hundred  - total about $500.00 - but they have NEW AC and the building look way better, versus the crappy steel old sleeves that are beaten to crap.

To get an idea of how much of a discount, try to find sold properties on the busy street and compare them to solds away from it.Further, because of the limited comps your appraisal will be even more of a crap shoot than usual. 

@Brooks JohnsonIn SFR type of property, cap rate = crap rate.

I am seeing the same around me that you have to put so much down to get any good cash flow now you ROI is crap.

Saturday night, we received a call while we were out from the guy who rents the basement of our personal residence.  Sewage was backing up into his bathroom and all over the carpet outside the bathroom.  We managed to...

😱😱😱Actually, nothing surprises me anymore and I’m well aware that uninformed lenders pull this crap.

There was a recent thread on this where everyone was saying crap CoC is okay to them because appreciation builds WAY more wealth.

If you hire out each task and the work is crap, well, the drywaller will blame the carpenter, the painter will blame the drywaller etc.

Transparency, honest numbers, no BS, prompt response by the advertiser to posted inquiries, and a willingness to be put through the wringer by the BP members who are certain to pick apart crap.