The Low-Down on Real Estate ICOs

Heat?

Pueblo has its problems there is no question about that. but i believe we can come back to a great city again, it would help if we could get our brothers and sisters to the north of us to stop looking down there noses, and start looking at what is good for Pueblo is good for CO. did you know there are plans to start the building of a new rail mill in Pueblo for $750 mil that is 3 to 4 years of jobs for contractors. i have worked full time in both Springs and Denver and anyone that says they dont have the low income areas like Pueblo are kidding themselves. 

I feel like I am missing something as I struggle with the idea that middle TN is at an all time low for housing, but I cannot build for cheaper than buying....

Also, without seeing the property, I would assume a 10% repair estimate is very low.

Now $40k offer price may be too low and won't be accepted, but I used the formula ARV * 65% - Repair cost to determine the MAO.

I guess I could make the argument that if you wanted to park your money, have a (relatively) low maintenance build, actually *wanted* to live there (as a person, not an investor), and didn't want any taxable income in the near term, then I could see doing it.

laminate is less expensive and is more durable  some  of the go to brands are allure http://www.homedepot.com/p/TrafficMASTER-Allure-6-...but I have used laminate from as low as $1.25 sq ft  

Also, if you try to buy two multis so close together with no (or low) downpayments, you're probably going to have a pretty hard time qualifying (unless you made a boatload of money & have no debt, in which case you'd probably have money for a downpayment).  

My want - What is most important to me is low money down, hopefully 10%, while also ensuring I have good cash flow.