.), pay even less.Have you learned how motivated the sellers are, or if they will carry a note?

The catch is he has to carry a side arm to collect rents and make repairs.

Anyone who carries workmens comp and insurance probably won't be pulling any of this stuff.

Everything we have done so far has been cash,, stillworking so makes it a little easier, but believe we could really move forward if we were to take this next step...could someone give me some idea if I did ok on last flip. paid 35K invested 15K (rehab and carrying costs),,,50K total investment, sold for 91KI cannot seem to find any data.ThanksPatti

You would be able to get a few properties cash flowing.Never a fan of carrying a property with negative cash flowWhat states would you consider investing in?

I spoke to family of the offender, and I honestly believe he got a bad break (serious baby momma drama - not to get all men's rights activist here, but it is truly unholy how much weight the word of a woman-scorned carries in our justice system, particular if the accused cant afford a decent attorney.)

He owns many other properties and carries mortgages on them at the bank that carries the notes for these properties, where we received assurances he's never missed a payment and has a good reputation.  

It sounds like you did some research and put a buffer in your corner to protect yourself from getting carried away in the heat of the moment.

It was a great learning experience that has carried over to so many things in life.  

I'm trying to walk the line between doing work myself to save money on contractors and getting contractors involved for things that are out of my league so that I can reduce carrying costs.