Challenges?

Hi guys,I’m looking for a condo under $50K in Houston, TX preferably with owner financing and I have 10% down at $5K My situation is unique. 

The cost is negligible but the savings over the years are massive.Sprinkler Challenge (Timing)Understanding Zoning & TimelineDemo Challenge in Boston.

The cost is negligible but the savings over the years are massive.Sprinkler Challenge (Timing)Understanding Zoning & TimelineDemo Challenge in Boston.

Challenges?

I have considered that but since this is going to be my first property I don't know what challenges I will face in terms of existing tenants along with the normal process of being a landlord. 

That being said, partnering on a 1031 is a challenge, and I would encourage you to seek expert advice. 

Over the course of the ensuing six months, I work through the very challenging short sale process,  massive amounts of paperwork and the engagement of attorneys, banks, negotiators, etc...During this entire time, this incredibly dishonest and deceitful buyer is limping along through the process, making counteroffers at the very last moment, ghosting for long periods of time and generally displaying a total lack of understanding any part of the transaction. 

I challenged that, pointing out that you could flip in a hot market, but the prices will likely out pace the fair market rents in the area.

Challenges?