He seemed incredibly trust worthy to me . 

Alot of crap, but 5-10% are incredible value and even long term contacts who I give a lot of work to.For renting, well, no, and it's on you for even trying that route. 

Your demo cost seems incredibly high.

@Steven Slivinski this is an incredibly market specific question as it really all depends on the comparable sales for 2-4 units.

There are some great rental neighborhoods and there are also some incredibly blighted areas.

In today's strong MFR environment a broker can manipulate the numbers as there will be another buyer right behind you.

Incredibly helpful and great people helping each other.

Shout out to the incredible work from R&G remodelling and Rhyan and Charlie What made you interested in investing in this type of deal?

NJ has an incredibly long foreclosure process and I’m sure a lot of of those delinquencies stem from loan modifications of loans from the pre crisis era.

The fact that he’s here looking into real estate is an incredible sign that he’s about to break free but it’s a lot like me trying to figure out how to set up a self directed IRA to purchase real estate before I’ve graduated high school.