Got off the with owner of the property ( which happens to be out of town owner) place is a mess code violations grass pass my waste and roof got holes/ sunk in ( major water damage.I believe this house would have to be tore down.Anyone ever wholesaled property that would need to be tore down....

Give them majority credit on the first one or two deals until you can learn the process inside and out yourself to do the future ones without help.

I am sorry, I left out the major question of whether somebody would give me a mortgage without a job currently, and while holding student loans.

If you relied on comparable recent Sales, this could be a major mistake for many, many reasons.-- Have you personally and thoroughly inspected each property and then made a detailed list of all the repairs and improvements you feel is necessary.-- Have you put numbers to the costs, delays, and holding costs?

Gotta correct Josh... the vast majority of laminate floors do not use adhesive, and are not waterproof at all.

I know a major factor is that roof and finding out how extensive that damage is.

ic_id=tsMortFSI love this quote at the bottom of the post, very applicable to Investors too, you just have to factor ALL the components into the equation:"Mortgage rates are climbing fast, and many people may rush into a homebuying decision as a result, hoping to avoid higher borrowing costs," she says.

Their is surface mold and airborne mold and then their is mildew.2 main components are:1.

Age/condition of the major systems like the Roof, HVAC, electrical, plumbing?

For instance, Indianapolis is great for cash flow, but little potential for major appreciation.