Specifically, you'll want to collect and analyze a LOT of comp sales data (including data pertaining to days on market, price reductions, the buyer pool, etc.) so that you have a very good understanding of the buyer pool, and how difficult it could be to sell this type of property...I'd suggest talking with multiple agents who have experience with this type of property, and asking them what type of DOM, ARV, and sale experience they would predict for the property.Before you take on $25k+ of credit card debt for a rehab, you'll want to consider all the potential problems you might face with your strategy, and potential solutions to those problems.

You need to conduct comprehensive inspections, analyze market trends and understand tenant demographics.

When talking with new and aspiring private money lenders, I always recommend getting added as an insured on the borrower's property hazard insurance policy (known as an insurance binder). I had a new PML ask me about ...

I considered rezoning to commercial and selling to a developer, but as I understand it the city is currently very reluctant to approve these kinds of requests and commercial development is very slow because of high interest rates.

Also, since there is a huge gap in the industry in teaching people how to understand development and the different options we've launched an education arm to help bridge that gap so it's not just the "big guys" with deep pockets that can be a developer.

I am sure there is a phone number on the letter, call them and explain to them this is not true and understand where they got this information.

After taking a deep internal dive, I now understand my purpose as an agent. 

James, I don’t quite understand why you think subject to is a scam?  

Most managers make money that way is how I understand it.Good luck.

We are completely okay with that as long as you tell us up front, just don’t expect to hear about all the great opportunities ahead of our exclusive buyers.I recommend look for agents that understand your investment strategy and even better yet that they do, or have invested.