When I run the numbers I seem to get expenses (including vacancy) that is usually 55-60% of gross rents.  

Initially, my cash flow would be in the negative, ~($375)/month.  

In states where a mortgage is used as the security instrument for the promissory note they usually call the sale as sheriff’s sale.

Usually like 50 or 25 bucks etc.It sounds like you want someone to say everything will be okay for you to evict.

The property is not in an area where code enforcement usually makes it out to.

Some are free but you will usually get only landlines.Some  have a monthly subscription, prices range from 5$ - 20$ for phone numbers.Some of the sites allow unlimited searches and some are limited to a number of searches.If you have a big list you might prefer data append services where you would upload a list and get all the phone numbers added to your list at once.If you would like more info feel free to PM me.

The point as I see it is that an additional ELOC or refi of the FIRST one will put a strain on ITS cash flow, but so long as it isn't a negative flow, the amount cashed out should easily be able to act as the full deposit for the second, so the rest could be fairly conventional.And of course, the second one needs to have a SIMILAR order of built-in equity, and so on!...

Just because the theoretical opening bid is the tax amount they usually sell substantially higher.

I've heard lots of good things about the real estate industry, but have been hesitant to try it out because of all the negative things I've heard.

Would love to hear some of the positives and negatives from the community.