Since you have torn out the old toilet and base cabinet, now is also the perfect time to rip up the old vinyl and put down ceramic floor tile before the new fixtures are installed.New lighting, mirrored vanity cabinets, G.F.I. electrical outlets, wallpaper borders, towel rings and bars are usually the finishing touch.

It wastoo late for me to do anything for her.

They're about 5 months behind on payments.Here's the numbers:FMV after fixing about $105K-$115K.Probably needs about $10K in repairs.Loan balance is about $48K,Bank wants about $5K in late charges and legal fees to date.Wife wants to walk with $7500.My attorney (who's also their attorney and brought me the deal) suggests paying the wife the $7500 (obviously I'd only do this into escrow subject to my getting marketable title.Then buy the bank out (HERE'S WHERE I REALLY NEED YOUR HELP), I sure don't want to pay them full face on the note, nor any late or attorney charges.

The house is sitting empty, about a $51K balance owing, (probably some late charges and penalties) but if she can walk out with $7500 she'd be happy.Anyway, I've done a pretty complete walk around and peek in the windows, typical cosmetics, yard and shrubs are pretty crappy, not too bad overall.

johnmichael: I have been using realtor.com since the late 90's for farming expiredsjohnmichael: You sign up for their service it's freejohnmichael: You farm out your property by looking at active listingsjohnmichael: You save any properties that look like a possiblejohnmichael: 10 to 15 per weekjohnmichael: you check back in a week you will see in red listing no longer availableDan_Auito: maybe go to the library and look up six month prior ads and give them a buzjohnmichael: So how many listing where their last yearjohnmichael: Over 42 Million Homes Listed For Salejohnmichael: So how many did I say that sold last year?

Me and my partner can do everything from start to finish.

They appear to be great people...never late with the rent.

I know this is a REALLY old post... but I am curious if you ever finished it and if so, how did you like it??

I have been mildly successful and lately have been pulling in two deals a month.

I've found good deals from disillusioned landlords and partway finished rehabbers who sorely underestimated their costs.should I look into cooler markets elsewhere (within 90 miles of my home, where rehabs are still Listed on the MLS close to 70% LTV, or better) This sounds a bit better than right at home, insofar as availability of deals, BUT, how long will it take you to drive the 90 miles to do the work?