If you bought a $130K house in a C class neighborhood that needs 50K invested to flip for a 30K profit or $70K invested to cash flow $600 month what would you do?

Unless your rooming house is fully compliant with Fulton County and City of Atlanta ordinances {see http://atlanta.elaws.us/code/c... for starters}, you're going to have a hard time finding any professional property managers willing to touch it.For them, that's a lawsuit just waiting to happen...

You can typically lockdown 60-80k deals at 8% cap rates in C class areas.

Originally posted by @Nick C.

https://www.dicksonlegal.com/c...

I say that b/c I feel, as investors, we should strive to build a "more-than-just-investor-friendly" turnkey team.

After talking to IRA finance group, the advise was potentially starting LLC a in those other locations and partnering with my SDIRA and then when I move creating a C Corp to umbrella them.I think I may be over Complicating the process, but I don’t want to get hit with taxes and want to protect myself and use some of my retirement investments to get going and play with my cash simultaneously Incase I can li find employment and this thing turns truly full time (tracking notes, liens, getting my broker license, etc). 

14) So let me get this right, A+B/B+C, C picks out the title company however I, as B, walk in title company ask for a double close, then call up A, then A comes over, me & A, sign, no money exchanged yet, then me & C signs, then C pays me to pay A ?

We are focused on repositioning class B & C properties in A & B class areas.

Do you have any suggestions on other areas to look into that are B/C neighborhoods?