Thankfully, I've gotten the chance to analyze pro-formas and current properties in and around the Dallas/greater Texas area, so I'm getting some experience in that respect, but I'm looking every day for the next best thing!

If you see signs of one it's usually accompanied by a pro-forma that's based on 100% occupancy...when the current occupancy is 10%...due to fire damage in 90% of the units...

Frances about transactional funding because I have personally done a lot of that for wholesalers over the years.. and she went on to say that is not legal either for the wholesaler her point was the Agency is going to take the position that the wholesaler came into title in the morning and out in the evening and its a scheme to circumvent the license laws as well .. the thought that they still had to advertise in some form a property they did not own.So to me its clear to be in the home flipping business in OREGON and do it legally you need to close and hold for more than a minute or a day..

I inherited property form a relative that passed. 

@Michael LecceseLearning the language and metrics of finance and real estate is the first step Being able to use them to perform pro forma analysis is the step that defines underwriting You can either grow your personal knowledge and skills to build your own pro forma models or find tools created by 3rd parties that fit your needs Good luck and feel free to contact me if you have any questions

Won't this escrow service though call attention that the seller is doing a wrap because the payments will be coming form a different address than usual??

For example, if someone were to get hurt on the property your personal assets would be more protected form a lawsuit than if you own it in your name.  

When they stayed there they never complained verbally or in written form as our lese requires about mold in the basement or any damage to their property.

Once I get to NOI I determine if that is the same as on the pro forma.

I got a great referral that has worked out form a realtor/broker/REinvestor friend.