What's awesome is just by following this model, when we go to those locations for travel, we can't even stay in our own place because it's usually booked!

I might not use up a conventional loan spot on that one and instead go with a portfolio loan.Lets say a typical deal loan for your properties is 100k but you pick something up thats a little different from your typical model and the loan would be 50k.

They have a $2,500 escrow deposit that is 100% refundable if a purchase isn't made before you can actually view their listings, things may have changed since when this post was originally written and now because my business parent has been corresponding with Mercedes back and forth since the new year. we're thinking about giving it a try, if for no other reason than to see what the business model is so we can emulate something similar in our own market.

I do not see how restoring Victorian houses fits into the discount model.

What investment models are you looking at; apartments, flipping, single family?

The alternative to that is that the management company simply calls a reliable, well known company with a good reputation and nice newer model, shiny trucks with professional graphics and cool slogans on them (AND VERY EXPENSIVE), pays the bill and then passes that bill on to the property owner. 

Yes, I've seen this model done with a few seasoned investors.

I save the court costs, get faster possession of my unit, and get it back on the market, earning me money, faster.  

I can't say that about many attorneys, accountants or banks that I can walk into.My suggestion of buying materials was not to so much focused to save money as it is for legal ownership and possession.

i know you guys cover title errors, that's a super business model, really cool.the trustee sale investors i talk to are seeing rescission of sale more and more.