Happy to be here & learn

I'm here to bring value, learn and grow.

With that being said here's the situation that I am needing some insight on:1.

I'm here to help too

So now I am stuck as I am not able to recover the money already spent to continue the project and I am concerned that not only this project is going to cost more morning but also my profit margin is shrinking as more time passes by to pull permits and now a can of worms has been opened not sure where to go from here.

And it is 200 dollers a month posiive cash flow after mortgage insurance taxes and management fee.Where do i go from here? 

That's why I'd rather focus just on the very few high $$ properties each year, rather than battle it out with the "regulars"on lower priced stuff, I think you're often better off looking at the other methods of finding them, OR maybe putting some effort into it but its no easy game there at all.Lastly, if you want to hear a TRUE story of FAILURE at the auction, here's one that happened to ME!

When you look at any type of sales position first thing they will tell you is “know your product”If you do not know the home - meaning what is it worth as is, how much does it need in repairs and what is the exit value - I can’t see how someone will be successfulI also see people take mls properties and get them under agreement to wholesale and maybe hit a deal here or there / but my guess for these people is similar to those that start dropshipping companies and everything else they tell you can be done with no moneyIt never gets off the ground and if they spent that time getting another job they would have a lot more money .

There's even a group here for people wanting to rent from smaller landlords...verse lux buildings.  

Here's why the Midwest is one of the safest areas to invest in. 1.