The homeowner apparently broke into tears because he had no idea anyone would have that degree of business ethics.My view is this: you have the opportunity right now to show yourself what you're made of.

@Ben CurtinI have a simple view of where I invest.

@Brendan Morin  Go reread Kiyosaki, you've clearly not understood his point of view.  

Don't let any of this persuade you from going for it - from what you've described, this sounds like a project with ample room for profit.  

hi jeremy. i would agree with bill. i would bet the downspout was draining right next to the foundation which is completely against the whole point of a downspout. you want to devert water away from the house, not dump huge amounts of water right next to the house......lol. i would have to say, from a home inspectors point of view, the water has probably eroded the soil beneath the footing and caused the footing to collapse, allowing the foundation to crack and collapse with it. you could get away with just tuck pointing it, but it will come back. the repairs could be extensive and expensive and jacking the house could be involved. it could also involve a small area of the footing/ foundation and allow you to rebuild just that area too. hard to say without actually being there. check with a local structural engineer and weigh the costs verses the value of the house. after all, thats what real estate investing gets down to. good luck to you

As I said in above posts, it seems like they have been rejected by other landlords prior to viewing your property and are prepared with a "It's not me" answer. 

Hi all, as the title describes, I am determined to get involved with real estate investing but I have a serious lack of cash flow because I am a college student.

The media, the courts, and the neighbors, and sometimes family and friends view us a the "Dastardly Landlord" who only have broken down homes for rent.

Jordan, I agree with the above comments that the transaction you are describing is prohibited.

You don't want to over do it and can't recoup the excess money spent.We are proud of your achievements and it's good to get BP's view from a different vantage point.Good luck.