I know lots of people do this, and lots of people advocate "freeing up that trapped equity".

Others, the parents moved on and the kids who were born there take over the home and continue living there.

Does this mean I'm trapped with my ex-wife until she decides she wants to leave, unless I want to be liable for rent on two properties?

As they say "a sucker is born every minute".

:D Regards,Jorge Espinoza "Natural Born Go Getter" :superman:

You probably want to know beforehand if you're moving into a death trap (just kidding, the vast majority of mold is not 'deadly').And hey, if it's drywall just rip it out and replace it.

Avoid the trap of "push button" wholesaling.c.  

Florissant Road is notorious as a speed trap with Ferguson Police, and it's even worse with Calverton Park.

Look for those that Have skin in the game do not fall into the trap of working with West coast marketing agents that own nothing and only make a commission selling you some dog in the mid west  or rust belt.I wrote an e book on how to deal with TK companies and out of state investing if you e mail me I will send you a copy its free and non biased as I have nothing to sell .Anytime you get on BP and say you have 250k to invest you will be hounded... tread carefully and in my opinion only invest with those that have deep track records as @Brian Burke mentioned or those with deep experience as @Joel Owens mentioned  as for SFR's @Sharad M. has a lot of experience and you can buy direct from him not through west coast middlemen that will take a huge cut off the top.

I will keep the math the way it is meant to be and not fall into that trap.