This happened even when there had been damage to the property between the time of listing and my bid.Fast forward to last week - they dropped it to $15K, at which point I put in my 11K offer again, and am waiting to hear back.I was told by my agent that, at least around here, the REOs won't go for a huge cut of what's listed; instead, they seem content to eat the holding costs and wait for someone to bite closer to the ever dropping listed price.You may have to wait to pick it up at your price point.

They offer you a low rate now and can mean high cash flows initially, but once that rate goes up, it will eat at your cash flows quickly and have a devastating effect on your Return on Investment.

So right off the top that will be an extra 40k to 50k total for the 2 managers not including hourly staff.BBQ unless in a state where it is eaten heavily you will patrons only eat it maybe once every few weeks if you are lucky.

This will eat into any profit that I would make.

I'm trying to eat a sandwich right now.Only a month?

The most significant thing I can think of was saving animals from an animal hoarder house.

I agree 100% regarding renting to family members, that often causes problems and I have heard tons of horror stories in that regard.On the flip side, borrowing from a family member to flip a home is, in my opinion, an entirely different animal.

You pet clause should mention that tenant will be responisble for any damage caused by the animal living in the house.If your hardwood floors are ruined right now, there is no sense in refinishing while the tenant is living there.

Also different types of animals can impact allergies to varying degrees.

You have to create a chemical barrier below your property to encourage them to eat other buildings.