If we are getting >10% yearly ROI passively from the rents on those deals with little to no work ( Skipping the Rehab part) , then what cream are we missing?   

I know of several that would be about a 35 minute drive to that address.  

Now I own a property built in 1950, that I did a gut rehab, no problems.

Here is a suggestion for real estate investors flippers using QuickBooks-You should have four main stages in QuickBooks as Class:- Leads- Rehab- Sold- Overhead expensesKeep track of each property expenses immaterial you buy or do not close the lead.As each property progresses in the stage, change the subclass of the property.

Hi I am looking for help with rehab for the REO property that I have closed recently.

This is beneficial to me for him to stay and pay till that time noted due to the terms of my deal and I would be rehab and flip property after tenant is out of picture.

@Mike MillerMy wild guess is that it's name, entity type, and address. 

apparently his mode of operation was to not pay anyone and wait for people to sue him as I got claim letters at the address for the next 2 months.

I am about done rehabbing a house I bought a while back.  

Here on BP you can do that by adding a picture to your avatar.Understand that beyond understanding the technicalities of rules and regulations, real estate is about market conditions and helping people to get to yes.Get to know your target market like no one else.Develop your ability to empathize what's going through a buyers head and a sellers head and figure out what you as a real estate agent can do to address concerns.Neither of these are limited by your age.Good luck!