I've dealt with too many tire-kickers and time-suckers over the years.

@Jerryll Noorden This house is a complete rehab the owner tried to fix the property by gutting the every thing in side but then got tired and is wants to give it it up.

Maybe it's just me, but I'm tired of these different interpretations of how DTI is calculated with rental income from Fannie/Freddie's guidelines.

1 - Flip the cash 10 times at 15% profit, reinvesting the profits each time ~ $400k plus.2 - Continue to flip the  $400k at 15% profit, but invest the profit ONLY in NNN commercial properties.3 - Continue to flip the same $400k, over and over again, repeating the profits until your arm gets tired.4 - Continue to buy NNN commercial properties with the profits ONLY.5 - When tired, cash in all of the $400k into a NNN.6 - In the end, you will have an unlimited number of properties you can buy, without spending a dime during the entire process.

There is little inventory out there, and a lot of apartment dwellers are tired of their little boxes and looking for something a bit larger with a yard - that is the feedback I have been getting across the board. 

This may be a great deal because a lot of people would be turned off by the need to evict people and the seller is tired of dealing with the issue.

These are usually owned by “mom and pop” landlords that are tired and have not put much energy and effort into the property for many years.

Act professional,  and be confident so they know you aren't kicking tires and are looking to buy asap.

I plan on holding forever (until I die or just tire of landlording), then someone else can sell them. 

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