You could then refi, pull money out and buy a second property- either another investment prop, or a bigger home for your family (and then rent the first one out completely, as it will probably cash flow nicey then.)I’d watch the local markets you’re interested in like a hawk.

Make sure to pull up carpet to look for urine stains, check all baseboards for scratch marks, etc.

I'm looking at pulling out 200-250k on the buildings to parlay into the next projects.

I am often surprised when I mention that I can pull this type of data for my clients here in the Chicago area, and they don't think to as me even after we have closed a deal or two together!

That's not something I can pull off right now being that I am 22 with limited credit and savings.

I hope to see more of you on the forums, there's a lot of good knowledge to pull from here.My one piece of advice on these forums is to take everyone's ideas with a grain of salt when asking for help. 

Based on discussion with my realtor, the first-time buyer couldn't pull enough funds in the time frame and 2nd-time party backed out due to the misunderstanding of the foundation issue with the property.I've been provided the inspection report from previous parties.

Have a title report pulled and close through escrow or an attorney.

I seem to work on it for a few hours and then find a band-aid to fix the short term and get pulled back into the business. 

I’m pretty sure i did it correctly but now i wanna pull permits for the rest of the house.