I also live in California and have properties in Texas and Alabama, My "day job" is a freelancing in the entertainment industry and I work out of my corporation so to minimize the tax impact I pay myself as little as possible therefore my DTI ratio is poor.

Or just bare minimal?

He's buying houses for $20-23K, doing minimal repairs (under $2K) and having them rented for $850 a month three to four days after closing.The returns are outstanding.

Say $5,000Repair costs would be minimal since I do some work myself and have a team of capable help (friends and family) in the area.

The money we are talking is minimal and I guess I should just sign and get on with my life.

There's minimal point to doing this anyway.

But hey, thats what I am here for, to listen to the good ideas and advice of others and hopefully minimize my mistake curve as I figure out a workable systems (or systems.)Well, I look forward to hearing from many of you in various forums and I hope I can provide a little experience of my own after a while in the trial and tribulations of "Out Of Country" investing.Thanks,Warren

Looking for fellow birddogs and wholesalers to share their techniques on minimizing this from happening.

I am just trying to minimize the risk by learning everything I can first.

as minimal as the price of the duplex you are buying is, what was negotiated in the purchase agreement?