If it's from a HML source then it's not an actual cash offer. 

We are taking a step back on this property for the moment because the numbers just do not appear to work, especially with the needed features that would need to be added to get it up to its full potential.

For example the amount of your income is not the only issue you face but also the source of it.

I realized how to use the search feature after I made this thread lol...I was trying to delete it but couldn’t figure out how.

I have access to a good private money source that likes to do the deals you are talking about. 

Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t checked it out already, the Bigger Pockets blog features links to their awesome podcast and many great articles: https://www.biggerpockets.com/renewsblog/

My typical path through a property is going around outside, then down into the basement, and then up through the house slowly with extra time spent in the kitchens and bathrooms.An agent or wholesaler intent on selling you the property, however, will often have a pre-planned route through it that points out its strongest features first, and only then proceed to the weaker features and major problems.You acquire the kind of reading skills you're talking about, and to a great degree, only over time and with experience.

What areas in long island are you sourcing deals? 

You will also want to take advantage of "free" asset protection features such as tenancy by the entireties.

At the top right, put "Send Tax Notices To" and put the redeeming party's name and contact information.If in Tuscaloosa County, you need to put at the top left something that says "Source of Title."