just returned from deployment I'm looking at this property to buy, so i can focus on school, and not work17 unit and 12 unit building17 unit building mix15 unit rooms at $328 a month paid week 2 units $640 monthparking laundry incom $87total month $6150Total Annual $7400012 unit building mix8 efficiency $520 a month 4 rooms $390 a monthparking laundry income $152/monthTotal Month $5700Total Annual $68000Actuals from RealtorMONTHLY INCOME For 20092009MONTHRENT COLLECTEDLaundryTOTALRENT COLLECTEDLaundryTOTALJAN$5,810$100$5,755$100FEB$3,430$100$4,055$100MAR$3,782$100$3,640$100APR$3,030$100$4,573$100MAY$5,507$100$3,580$100JUN$4,392$100$3,277$100JUL$5,467$100$3,060$100AUG$5,730$100$4,526$100SEP$4,390$100$6,855$100TOTALS$41,538$900$39,321$900AVERAGE MONTHLY INCOME$4,615$100$4,715$4,369$100$4,469Annualized Average x 12$55,384$1,200$56,584$52,428$1,200$53,628expenese2008 Taxes (actual)$5,716$7,985electric (actual)$9,252$8,352Water / Sewer (actual)$1,362$2,118Insurance (actual)$1,350$1,455Rooming License (actual)$216$0Repair & Maintenance (projected)$3,000$3,000management 5% (projected)$3,190$3,101Reserve (projected)$1,800$1,800Total Expenses$25,886$27,811On market for $603000Am I overlooking anything, it seems with favorable financing this property well work out nicer.Great first investment to set up my business a foundation if you well.Looking for insight, help, things to look out for, great loan companies, cash partners, anyway you can help I'd very much apprecitate it.

Then start the $10/day routine on the 6th.

Cause if you don’t or can’t work out something with them, holding the third may or may not be a good thing.

I routinely see houses listed for 10-50% above what I list my houses for, but that doesn't mean that the value of my houses are 10-50% higher.It just means that other people have no idea what their house is worth, and have priced it inappropriately.

The best natural disasters routinely center around Texas which means lots of money for me and I love guns and hunting and there's more opportunities to hunt there.

Yes, you can normally do this all over the phone.You and the tenant can work out any payment mechanism you want.

Therefore to offset that risk, the private mortgage or commercial hard money lender, seeks a higher return on his investment, sufficient to make a profit on the transactions that do work out.

I'm trying to establish a solid routine of sorts that I can rely on day in and day out to help me reach my goals.

So, it's something to watch out for.The activites of a foreclosure work-out consultant need to be avoided, but does not appear to limit anyone from buying a property in foreclosure.It does not apply to pre-foreclosure activities, only after the filing does this law start ticking.

Do these situations often work out?