The fees will be that of a typical transaction except closing costs should be much less due to the fact that there is no financing involved.

There are exceptions, but that is what I have seen.

I will create a management company to manage all the business EXCEPT rent and deposits to not require a Broker.I just wanted to see what other people are doing these days.

So really, there is no way we can answer this question except to tell you to find a motivated seller, not someone who wants retail.Also, NNEREN actually does have sold comps listed on it without being a realtor.

Can someone explain to me about buying a HUD Home for a $1.00, I saw that at the site but I can not find any explaination for it except that if a home is listed on the site for a certain amount of time HUD will sell if for a $1.00, thats about all I can find, of course I am sure its a home that is either to small or is in need of some serious TLC, but can someone care to eloborate please?

How about negotiating with the HOA for an exception to the rule?

IN Colorado when a home goes through the foreclosure auction all liens are wipes off except for a few like water and HOA.

What I have done, however, is read, post, comment, take notes, listen to blogs and network with people on this wonderful website.There is so much information on here, that it can be a little overwhelming at times, and of course, there are differing opinions on almost every subject in regards to Real Estate (except for the awesomeness of this site).As newbies (for those who are), we have a tendancy to dive in head first without planning, having a clear vision and setting reasonable goals.

Except for the plumber they all are small shops.

I can't give you any advice on this type of investment except to say most communities are limiting or eliminating man camp style housing.