We have to pull in Woodland Park and in Pikes Peak Regional).

I double close all my wholetail deals...closing costs are a little bit more but it is made up in the extra money earned by wholetailing it.Your brokerage may not want you doing an assignement where there would only be 1 closing and 1 HUD and especially if no commissions are going to be paid.If you do double-close you may have to hold the property 60-90 days to get around any possible lender seasoning requirements.

Hi All, My works takes me to Spartanburg, SC from time to time and the areas industry and low operating costs/ taxes have peaked my interest.

But expenses are equally important, since a dollar saved in expense is the same as a dollar earned in rent.  

The price has stayed the same through the 2015 assessments.That's scary to think one year your property is at its peak and you're thinking of selling, then  a new assessment comes in and drops the total assessed value by $30,000.I understand that the assessment is not what drives the price but some people (hopefully many investors) give it a look when considering a property.This also seems to be consistent throughout the small city of Warren - not specific to 1 property.Thoughts? 

Right now, we are at Peak Note, they are just so expensive with all the new investors that have flooded the market in the last couple years.

You might consider some kind of earn out so the current owner had a defined financial incentive to remain engaged during a defined transition period.

People that earn <$50k/yr don't pay much in income taxes.

They're not collecting a fee on a vacant unit or do you have a clause like this:Service Fees: Each time Broker arranges for the Property to be repaired, maintained, redecorated, oraltered as permitted by this agreement, Owner will pay Broker a service fee equal to: (Check one boxonly.)(1) % of the total cost of each repair, maintenance, alteration, or redecoration.(2)The service fees under this Paragraph 12E are earned at the time the repair, maintenance, redecoration, or alteration is made and are payable upon Owner's receipt of Broker's invoiceIf they are making money off the repair or each time they are meeting someone there to give estimates, then yes I would expect them to work harder and faster.  

My question, with the scarcity of good deals at the peak of a market, is it worth taking on this project?