The Status Letter in any other business in referred to as a final billing.

The final thing you want to look at is what areas and class of neighborhoods they are selling in.

I have been making things do for a couple years with taxes but finally am to the point where I need some tax advice.

All kinds of issues...electrical outlets ungrounded, plumbing issues, flooring issues, a deck that was built wrong, a new master bath that didn't make any sense with a shower door hung wrong, a shower pan that had been nailed through, roof repairs made with 3/8" plywood, roof leak "fixed" by caulking the shingles.....new vent boot that wasn't nailed or seal, bath fan this venting into the ceiling....an unreal list.  

hey all,happened upon a very low-cost property that the owners have free and clear. they've been living in one side w their mother in the other unit for twenty some odd years now and are moving to a new house. they tried listing it for 40k originally, not even a single walk through. 30k, nearly the same thing. finally got someone interested in it for 28 but then pulled the deal (the listing agent did) because the buyer seemed shady. back on market now and i've been using the listing agent to look at duplex opportunities the last few weeks so he pitched it to me.checked it out, needs minimal repair (considering the price point it's at) and can pull 550-700 depending on what updates i choose to perform.the best part of it all is that she may be willing to do owner financing as there is currently only one offer on the table and it's 8k less than what she's wanting. all that to say: what are typical terms here?

Casually talking to someone and he says he lost his job and he wants to get into" house flipping" ...the market is insanely hot here and there are very few deals and there is a foreclosure coming up that meets my criteria finally ...he says that is the one he is going after to flip and that he has a family and he needs the money so I should sit this one out !

We finally got in, and the bones of the unit are 100% solid, but the tenant absolutely must go for this to be a successful deal.

I believe its easier to lose short term versus long term, long term allows you to pay down the principle and hopefully expect some appreciation, i think the final goal should be to have properties free and clear some day, if you buy right and hold the property, manage it well, i see it hard to lose money over a 10+ year term doing the buy and hold scenario, on the other hand you can easily lose money buying and selling several homes yearly.  

Mike - Finally we all must live with ourselves!

Finally-direct mail campaigns work with constancy. you need to send several mailers - I would suggest giving away some free info on the market to value their home and grab their emails on a landing page. good luck