I am going to get into a 30 year fixed loan at about 4.5%, 20-30% down, median price, SFD, 3-4 beds, garage, etc.

Investors are supposed to be knowledge and able to take a risk, otherwise they shouldn't buy from HUD.If your numbers were off that much you either didn't look at the house in person or need to work on your ability to assess a property quickly without a contractor going through every switch plate and door knob with you.

My neighbor told me that the people who owned the house bred pit bulls in the garage and never let them out of the house except to wash the garage out.

Some that have not been mentioned yet in addition to above:Pest ControlSnow removalGrass CuttingPipe / Sewer InsuranceBatteries (Smoke Detectors, Door Bells, Timers, etc...)

But, they can go open the door and let people look at it, without offering any information.I have an unlicensed person that just opens the door and stands outside.

For instance I questioned the other person in the building who lives next door to the supposed noise making tenants to see if he had any noise complaints, and he didn't.

I assume $100/month/door (owning three duplexes), and my worst property is hitting $127 this year.

purchase price 30k 25% down @ 5% 30 fix 3 plus one SFH built in 1954 new roof, ac, windows, ktichen cabs, counters 1000sq ft Corner Lot 9000+ sqft 700 garage/steel building shop..ran test ad for this alone seems $180 House rents at 750 to 850...I ran test ads plus reserched Market-PMs Section 8 is around $900 Needs $3000k carpet,paint, vinyl, misc use home depot cheap stuff Wells Fargo Appraised $44, 500 arv I have team for maintenance and pm if needed.

Randy King,You are correct but as a person that is getting sued, a good lawyer will check all assets to see what is behind door number 1,2, and 3.Joe Gore

I actually lived a few doors down from this property when I was in college.