This is not to say it's the best option for everyone, but it's what works for me and is what I think will ultimately protect my money the most.Besides a health cash reserves stash I want no extra cash laying around.

Add this question: how many pets do you have?

I added value to the seller by him getting more for the house than he would have on the open market and not having to clean it up or compromise his health with al the stress of a sale.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $195,000

Cash invested: $10,000

https://sacbnb.staydirectly.com/listing?a=39466243

Plus, too cold.....Florida sunshine is much better for the health! 

Do I call the health department? 

If you are going to resell or rent the home, it is a good safeguard to have a clean bill of health letter from a 3rd party for CYA.

The structure is sound just old, moldy from a previous sewer issue and severely pet damaged.Curent market value is approximately $20k in present condition. 

I have paid 2x the "normal rate of interest" on some of my flips and profited nicely, and I've gotten "great deals" on others and barely covered my costs.The bigger question I'd put in front of you, though, is if flipping is the most strategic way to build credit health. 

A person with borderline decent credit can get it trashed due to a number of credit inquiries from different sources.We have such a shortage of available units right now, that a property manager can hide behind their email account and wait for someone with no kids, no pets, no . . . and an 800 plus credit score.