If you are not buying until within the next year then I do not know why this agent is showing you properties.That is nothing more than a site seeing tour and all the properties you look at if worth anything will be gone by then.Seems like just meeting up with a local investor and going to lunch and driving around for initial area review would make more sense.When an investor says they are thinking of doing something next year so many things can happen between now and then that it becomes a probable long shot based on time alone.

So I don't know where the initial owners are (there were 3 of them- from their names appeared to be extended family from Vietnam), but they are the ones that signed the disclosure form.

Total cost from initial consult with IPO consultation to Lights on...approx

We liquidated two, got all our initial investment back, and have three reperforming notes left with a relatively high UPB, on which we plan to collect the entire amount.

There are some prime North County neighborhoods where you can still get a 3%-4% CoC yield in year-1 and more than double your initial investment in 10 years based on conservative estimates.Let me know if I can be of any assistance!

I get it, if all the bids are coming in at the same amount, then that is the cost; but, my contention is, believing, initially, that the prices are inflated that i'm being gouged for someone else's discount. 

My initial thought was also that my basis is 70k - meaning I would have a "gain".  

I ran into cash flow problems and did not make my initial payment of the assignment contract.

Location is not generally too important as the initial cost will reflect the area.

-go to gosection8.com and check your competition. you can also post your availability there after you passed the initial inspection.