I have repaired a couple with a couple bucks.

Yes, you may squeeze a half a percent or a percent, or a few bucks, out of the fees but if you end up with a less competent PM, it'll cost you way more than that over the long run.

if thats the case $3000 Vacancy 8% - $2400 Assuming mortgage - $350 --$4200 so total anual gross income $30,000 so total expenses annually $22,890 leave me $7110 and then we need to use the 50% rule right for future upgrades and repairs $3555 repairs and the other $3555 annual cash flow so basically 300 bucks a month First time doing this hopefully I got it if anything looks off please let me know

im new too. but im pretty sure bird dogging is just telling your mailmen, trashmen, friends, family, everyday people who see property give you leads on properties. after they give you a lead and you buy the property you give them a few hundred bucks for making you thousands.is it legal?

You rehab and sell and taxes get paid off in escrow just like any other loan but you don't have to make a monthly payment until then.Only other question is this a seller who would throw a few bucks into the deal to get rid of the property, or are they the let it go to tax auction I ain't putting a dime into it type.

After all that is done, then decided if it is still worth the $600 bucks (I doubt it will be).

Oh yeah, I did do the title search too (another 100 bucks lol) and it showed the only thing owing is those back taxes.Does anyone think there is a chance of another investor/gut rehabber that might purchase this from me with any profit?

I'm not saying I'm trying to make a million bucks without dedicating any time, but rather trying to make the best use of the capital I have.

I have someone else do my marketing for about a buck per unit.

It cost them a few bucks to do it, $275.00, but if they felt confident in the loan request they would do it.