HAVE A ROCK SOLID BUYERS LIST The most important thing about doing deals is to know what you will do with the property before you get the deal.

Crystal Johnson from Little Rock, AR, here.

He was actually working out 2 different deals to lease out 2 of my properties; one on Diploma Ave. and the other on Rock St.I was unaware of either of these tenant screenings (if they took place) or lease signings or anything, nor have I yet to see any signed lease.I get a call later from the previous owner of the house on Rock St. asking me if I know of a Bob Smith (PM) or a Jane (Potential Tenant).

My name is Eric and I reside in Little Rock, Arkansas.

In addition, there is a very less likelihood of a Mortgagee allowing a formal assumption due to the nature of the borrower.  

Naturally, if you're doing a rehab for a flip you'll want to paint the entire inside and put in new carpeting. 

So you have to read through the nature of the complaints and read the company's rebuttal also.

The bottom line is that economics are driven by human nature and behavior, which as we all know works the same in any part of the world and in any era, which is why history has that nasty habit of repeating itself over and over.Just last night JP Morgan agreed to buy Bear Stearns (up until Friday the 5th largest investment bank) for $2 a share!!!

Leaving the floor plan alone would have avoided the plumbing changes, and a lot of the framing and sheet rock work.

Other things to consider or look for in this or other deals of this nature: Upside potentials 1.can you increase rents/decrease expenses 2.