If you're in a lower class area, a brand new custom kitchen isn't necessary and you won't likely get a good return on your investment.

What would need to happen to a property to lower it from an A to a C?

Does anyone know a good RE  attorney or title company that does subject to transactions.

I realize that is an expensive proposition here in Puget Sound, so I'm gravitating towards starting with flipping lower end properties in Snohomish and Pierce Counties while keeping eye out for buy and hold opportunities. 

We underwrite our deals with $3,000-$4,000/door for rehab and adjust this number higher or lower after due diligence.  

If he's been waiting a long time the price they might have approved it at could be lower than what its worth today.

If I contributed more money to my 401k would it lower my overall income that is viewed by this rule and therefore I could write more off?

My properties are in PA as well SFH and 2FH, rents vary 425 - SFH - 450 lower level and 550 upper level of 2 family. the SFH has a washer and dryer that is free for the tenants ( put it in when my daughter went there ) and the 2 family has 2 stacked washer dryer units, coin operated, with a coin machine next to them. both properties i pay heat, water, sewer, trash and internet, tenants pay for electric / also includes hot water because hot water heaters are electric. ( 2 family has 2 heaters, make sure you separate them.

What is your history of transactions?

:)I have only every been involved with one loan servicer on transactions, but I am not vouching for them as I obviously have no involvement after escrow closes.