I was just commenting that many folks are new to investing and look at the 2010 metrics as what is normal or a good deal.. we are in a new normal stage of the market.. will it crash again who knows.. but this is the marketAS the poster above mentioned you will always have the US  owner with their financial issues and hoarder houses and burnt out landlord syndrome.. so I guess like you have done it becomes Gorrilla marketing to find these deals.. so that means spending some sort of money on marketing for them.. or wholesalers or what have U..   

Hello All, I have been off this board for a while, i been out of investing for a little over 2 years for various reasons (career changes, and divorce) and i feel like i am in a good place financially to invest again, so i wanted to get some opinions.4 years ago i got out of the Military and became a Realtor, i worked as a Realtor for a while, but i never really made decent money and worked my butt off, i barely managed 25k/yr, so i decided to make a change to my life and went back to school and now i am a Registered Nurse after going through a fast track education program.

For smaller properties, an extra vacancy can throw the property immediately into negative financial performance. 

I’m finally back on my feet financially and mentally.

I lurked for quite a while, but it was time to take the next move and join a large network of people with experience to learn from, diverse backgrounds, and similar financial interests.I am a moderate DIY’er and purchased my first home for $12,000 as a short sale (it was once offered for $3,000).

They have looked, at least initially, at her financial sitaution. 

However, it does not always make financial sense to empty and gut the building to carry out a deep retrofit (and even when it does, that initial whooshing roar of capital flying out of your bank account can be unsettling).As of late, we have been purchasing rather, to very, unloved buildings with plans to (eventually) perform deep retrofits on many of them {where the increase in the property performance will pay-back the investment in a relatively short period (say 3 - 6 years) versus the planned hold duration (i.e. 20yrs).   

I am a real estate agent in Detroit, and myself and my partner will be the boots on the ground locally dealing with everything and also be contributing financially.

Personally, I'm not such a fan of books, blogs or podcasts that have quite deceptive titles suggesting that creating substantial wealth and financial freedom is attainable in a short amount of time.

I made some spreadsheet and ran a few numbers using financial calc... but the more I look at it the more questions arise.