Say you have a toilet problem or a simple fix. you would have to drive 4 hours total to maybe fix a 15 minute job.

Since you have already identified your niche, the best bet would be to 1) educate yourself via books and podacts2) network with like-minded investors via REI clubs and events.

Asking a fellow RE attorney would be your best bet.

If the contract has a max of 2 people per bedroom, and home has 3 rooms, that means that there’s a maximum total of 6 people living in the home .

We've been on the market since early Spring and despite significant price drops ($500k in total reductions), we're running out of runway before the loan maturates and funds on hand are depleted. 

This is a form that you create yourself that just says your not renewing the lease. 1) 6/5/2018 filed a form called "unlawful detainer" ($220 filing fee + $50 misc fees, $270 total) with Court.

I bet my shady self-encumbrance gets bounced, but that's ok. 

So they will use the purchase price as the total amount that can be financed regardless of the value of the home, is that correct?

I am a total newbie, so please correct me if I am wrong.

ARV for a 3 bed 2 bath, 1100 sq/ft totally updated is ~160k.