Be sure to lock in your sales price upfront so you build upside while i arbitrage mode. 

On the HUD site there are 1,128 Sheriffs Sales, 1,392 Foreclosures, 89,031 Bankruptcies and 222,031 Tax Liens with a map and the amount in each County.

Purchase price: $39,000 Cash invested: $250,000 Sale price: $420,000 Teardown and built a complete new home.

Starting with closed sales; which have dropped 28% from what it was in the previous month, to median days on the market which have risen 13% from the previous month indicating a slowdown in the rapid pace of the market.

If nothing else I take responsibility for that and will work to improve our communication systems between our franchisees, client success and sales team that's valid.As I have done before I'm a big fan of transparency and this forum, and will happily talk to anyone that has concerns about how we do business.

We've seen record sales in the over $10mil market (which I will say is a small market probably compared to NYC, Miami, LA, SFO, SEA).My thought is the biggest risk seems to be 8+ year and older homes in the suburban markets, that have not been updated and over $1mil. 

The home needed cleaning before the sale.

Purchase price: $230,000 Cash invested: $60,000 Sale price: $397,000 We did this a while back but I'm just now making a profile on here.

As an owner I do understand the annoyance of this, especially if you were to back out of the deal and then having to deal with the issues of tenants worrying they'll be displaced, mismanaged upon sale, etc.

On top of that, there's a bill working it's way through the state to add an additional sales tax on real estate.