Then I wonder what happens to the investor who lost 10 homes.. what happens to him and then he or she gets sued.this has all sorts of very serious repercussions short of just should I let a tenant slide one week because of the largest natural disaster to ever hit the US>> I think it boils down to investors with money and reserves probably will work with folks.. investors who are mortgaged to the hilt this could be something that really hurts them and they will have no choice but to be hard @$$ non caring landlords regardless of cirucumstances.. and then you just have the plane old greedy could give a crap landlords. sorry for your troubles you owe money..

You have come to the right place...here you will find all the resources to get you going towards your investment goal. yes, market is hot right now, so finding a deal via MLS in Chicago north side is hard...but you can still find deals if you act early and not look where everyone else is looking...or find properties which need work, get them rehabbed and then refinance out...House hacking via FHA loan may also be a good idea.

If you don't have to spend any money to get the cash-flow I believe it's better to just be patient and wait on the rehab.On your particular deal , hard to know without more specifics but if you assume 50% operating expenses, they are asking a 4.6% cap which seems really high for an older, partially rehabbed property.

Why is he offering you 40% instead of turning to a bank / hard money lender at 5-12% APR plus a few points?  

It shows them you work hard in Real Estate AND CARE. 

., I already have some rental properties in Orlando that I bought 4 years ago but now the market here is too high and the ROI is low so i have to get a way from Orlando in order to find a good cap rate.Jose Rueda, mostly I search for SFH cause it's very hard to find multi family but it is also an option for me and yes, you right the prices in north FL much cheaper than the south.Raymond Mazzie, Thank you very much for your offer but Tallahassee is too far for me.I'll be happy to get more opinions reg' my postThank you all

Take photos of interior to document she's out and condition...Good luck on your project,, it's hard to imagine what everyone down there is having to deal with.

Maybe even doing some hard money lending.

Look on auction sites for your options, if you have a good deal, financing is not that hard to get.

Oakland has so many craft beer locations now it's hard to keep track of them all!