@Sandesh Sapre  one thing you could do to cut through the inconsistencies is engage an appraiser to do a drive by appraisal for you.. front pictures and comps in the neighborhood those usually run about 200 bucks.. you could put this as a contingency in your agreement.In any cash flow market in the mid west  upper east  deep south.. you will drive yourself nuts looking at on line valuation data.. because they are picking up the bombed out houses that the company your buying form has paid to buy them.. what you don't know is how much they spend to rehab them..

When buying and then selling tax deed properties in Texas, is it possible to "wholesale" the property shortly after purchase, if you find a buyer willing to purchase (at deep discount, all cash deal) and handle the suit to quite title or redemption period.For example, buying the property at %20 market value and selling to whole seller at %60 market value, to ensure quick sale and the new buyer's risk/reward ratio is high.

Steven, I know a few people who have made great, even close to ridiculous money-99% cash flow, little shot at a lot of appreciation-on the north side of MKE and I know a few seasoned, experienced landlords with fairly deep to deep pockets from other areas, who lost a lot there before finally selling for what they could get quick out of whatever they had and then split back to where they'd made their original money.

I'm from Kansas City, Kansas, I have a formal education in computer science and when I'm not knee deep in that I enjoy real estate.

I am trying to learn as much as possible before diving in.

How did this work out for you Kyle, I've been interested in homes with foundation issues but not sure I want to jump in that deep.

I was in Milwaukee last summer and looking at some absolutely stunning 1930's and 1940's craftsmen homes that would be well over 1 million in our market and they were 60k and would cost probably 500k to replace... this is the same in virtually every market in the upper mid west and other parts of the mid west as neighborhoods turn from owner occ like they were 30 years or more ago to rentals... and they will NEVER return save the little pockets that are right by down town areas and developer with VERY deep pockets come in and  re- gentrify.. this is playing out in most big cities for sure.ON the West coast were we do NOT have enough houses for all the people's that live here,   values hold by and large,   Very few SFRs are bought as rentals in comparison to mid west rust belt..

You should probably do your homework before you dive in.

He's knowledgeable and I can't wait to dive in when it arrives at my house.

I perform many repairs at that time, and only save the deep cleaning for when they move out.