Basically, the gist of it is, once it's listed, the agent will always be a part of the transaction in some way.

@Will Barnard it was a rehab flipper he was located out of state he sent a contractor over to check out the repairs but the foundation work was 10,000 dollars over my estimate basically the same with the first deal also @Victor Roberts that is alot of post man !

Some basic strategies I know of are wholesaling, sandwich, and mobile home contracts.Also, what are good Exit strategies for young investors?

Right now I don't have the funds to match, but do know the market better and have a solid understanding of the basics.

The corporate life is becoming very monontonous and way to political these days so I am taking the plunge to learn a bit more about REI to hopefully someday (soon) make a leap and fulfill a dream.My experience is limited to a few books, some great reads here on the BP forums, growing up in a DIY family (so I am pretty confident in basic carpentry), and priding myself with common sense.

We are basically a sanctuary for illegals as well.

I'd grab that Section 8 tenant ASAP.The deal looks solid.Did you account for at least $150/month (my number) for maintenance, basic operations (lawns and snow) and big ticket repairs?

I plunged the toilet and changed the fill valve, which is a basic repair that a homeowner should know how to do.Normally a fully running toilet makes noise, but in this case it was almost fully off, but no quite, so it made no noise but was sending a few ounces of water into the bowl ever minute or two, until it was full and overflowed.If it is a rocking toilet, tighten the bolts until firm.

Even the bad lawyers know how to do a basic asset search and prepare discovery documents requiring asset disclosure.

I've done the research and think $170k is reasonable, but if my offer of $100k is accepted that still gives a nice safety factor.