Something with say running water and good electrical but rough around the edges.

Sure, you will have a steady supply of listings, but the will ask you to drop your commision up front, and if a buyer comes in lower than expected on a purhcase price, the selling agent is typically the first comm to get cut.

Now if one of the agents I work with had gone through hell and high water to find me this house, I would probably let her list it, but fact is I found this house on my own means with no agent at all.

A conservative game plan may be best in your situation.If you start looking for investments and you're interested in Central Florida, drop me a line.

I also was considering adding a drop ceiling so you don’t see all the HVAC duct work.

If you are interested I can find out more info on the best value for a 3/2...Lake Wylie is another area that is growing...it will be like lake norman, although there is a house for sale by someone in my office for 350k, it is on lake cove with an outlet to lake wylie, with water access and a dock, it is 2000 sf...I would be surprised if the value didn't increase a lot in the next two years!

Just wanted to drop by and offer a FREE service I can offer people with Foreclosure Issues.My company, http://www.consolidatedsg.com/maenterprises helps many homeowners catch up the back payments on their mortgage.

in 12 months on forums like these - i've exchanged emails with over 25 "investors" - who aren't investing - and more than half have dropped off the face of the earth...don't do it.

By exit strategies, I mean having enough equity to be able to drop the price significantly to move it in case of an emergency or as you said, offering a lease option or taking less in rents to at least break even so that you don't come out of pocket.

If anyone would like to discuss this further please drop me a note Thank you, Paul