There are lots of big $ pitfalls that you can encounter: second mortgage foreclosing, HOA foreclosing, other title issues, IRS liens, collapsed sewer pipes, burst water pipes from improper weatherization, to name a few.Start hereAbsolutely try to contact the borrower pre-foreclosure.  

As commercial lending continues to wave the white flag, the DSCR loan has become the new darling of lending for real estate investors.As an investor who was able to maintain a portfolio through the Great Recession of 2006-2008, I can tell you with experience that the adjustable-rate mortgage was a giant contributor to the issues that followed.

Never seen any talk or research on this, but seems like kids might do better in school if the school is newer and in good repair and things work vs those that leak and fight temperature control and other issues.

They reached out to me weekly for the first couple of years with issues based on their incompetence (I was happy to help, to a point, but it got old), and the purchasing company lost close to all the doors in the first 5 years due to poor service, poor systems, and not really understanding how to add value to the client.  

Here's my experience summarized about the Midwest. https://www.biggerpockets.com/forums/48/topics/1165499-whats...The "cash flow on paper" for Class C Midwest (which is almost non-existent with 7% interest rates) will cost so much in repairs, capital expenses, tenant issues and it won't appreciate enough to make up for the losses.

Not sure what the issue is with a 6 month listing agreement, that's pretty standard where I am.

One of the biggest issues (apart from the price being higher than it should be) is the mortgage; I've listened to lots of BP videos and I've rarely hear anyone say they financed a property with a mortgage.

Added flooring in many rooms and just fixed a lot of small issues with an 80 year old home.

Jacob, we no longer vent any crawlspaces, we insulate and encapsulate which leads to much fewer issues with mold and mildew.   

i was hoping to sell for more, and i ran into a last minute issue that consumed my contingency.the best way to get cash flow is some combination of off market + a creative strategy.