For a little additional background, I have all but liquidated my RE portfolio due to the run up of property values far in excess of what I ever thought they would be worth.

I'm looking at these four cities to potentially invest in a single-family rental property under $150k, with non-excessive rehab work needed.

Then dry out the space, make repairs, and clean.

But now I'm thinking about it, I wonder if it would help protect against me owing all the mortgage if the deal goes bad and my partner leaves me dry. 

So far, I’ve purchased $12,400 worth of wood (2X6X16 DRY, 2X10X14 DRY, 4x8x3/4 OSB T&G, 2X10X20 DRY, etc…)Looking at the labor costs my contractor is charging to stabilize the building, the financial figure is quite concerning.

Since most short sale negotiations happen online through various portals and require very little in the way of time, there is no basis for the excessive fees I see being charged to buyers.

Some will put in new appliances and paint the place up to look nice, but they covered up things like dry rot, old knob and tube wiring, and rusty galvanized pipes.

You'll need to spray the cleaners and soak everything so it can get into crack and crevices where the urine may be and keep them moist if possible because the enzymes are destroyed by drying out.

It may require the agent to go to the Excess/Surplus markets (ie.

Hello,I have a tenant that was forced to relocate to a hotel as their unit is dried out and the remediation work is underway.