Craig, there's no doubt that the big real estate and private equity shops have the upper hand when it comes to scooping up REOs in bulk for two reasons.1.

But i also look for people in higher level positions.

Your move and set (assuming it's a move and set as that's the "going" rate at $3000) is literally that: tear it down, move it, set it back up on blocks (you pay for blocks if they don't transport or there's not enough), tie it down (you pay for anchors) and level it out.

I taught RE at the undergarduate level, most any teacher will tell you they may not agree with 100% of the material in any text, that should not stop its presentation!

As others have said, you need to know the ARV, and you need to figure out what you can afford to pay the husband given the rent level.

It's a fixer upper but based on current market, the balance of the loan is about 60% of the value.

The credit is $2,000 for a dwelling unit that is certified to have an annual level of heating and cooling energy consumption at least 50% below the annual level of heating and cooling energy consumption of a comparable dwelling unit and has building envelope component improvements that account for at least 1/5 of the 50% reduction in energy consumption.

I have 17 with number 18 just put under contract.My first 8 or so were either fringe areas or houses in poor condition.Those 8 are about 3 times the trouble the last 9 are whenI was able to switch over to better product (areas, house layouts, and my rehab levels).From the sounds of it, you were much smarter than I when you started and limited yourself to the nicer areas and better houses.I'm doing 17 now and its running extremely smooth.

Real estate was less expensive in Cincy and I knew that area down to about the street level, but I personally did not like living out there so, I'm trying to decide what to do.

Slightly off the subject, but taxes and code violations can be extraordinarily high in the some of large cities of the upper midwest and some sellers are offering great deals "subject to" the taxes.