There is no backyard fence, there is no landscaping whatsoever (it IS really ugly but, the ugliest house on a nice block.), there is a water leak in the yard, the ceiling in the bathroom collapsed from a storm (the insurance company half-assed the repair), now the roof is still leaking and there is water damage on most of the ceilings.

I usually chase down HUDs since there are a lot of nice properties (less than 5 years old in good condition) right now in central Texas.You can also find movitated sellers on resales to find good deals that can be equal to or better then the HUD deals.I have attended a few first Tuesday courthouse foreclosure auctions just to watch.

I have come across several properties that are badly in need of some work, but could otherwise be very nice properties.

It may make a difference where you're from but here nice houses/apartments in great locations are gone quickly.

Hello and welcome Daniel,this is a very good web site for advice and questions...the people on here are pretty nice and very willing to help where they can!

Yes nice to have you here.

everything is very spacious and nicely laid out.

Get them paid for, it will makea nice retirement one day!

Hello Kris :welcome: ,I'm originally from Virginia Beach, as well; so it's nice to see a friendly face. :) At any rate, I hope you find all that you need in this forum.

It's nice to have the cashflow, but also know I could liquidate the note for cash if I needed/wanted to.