I would agree with Mat L, there are other areas too!!

If your deal was in my area, I would buy it from you as is.Self service car washes (like coin laundry mats) are cash cows and much of the income can go unreported (its cash!!!)

Hey Mat,What does "12 month seasoning" mean in your terms?

I am a little cash strapped now and realize I may have bit off more than I can chew.

That is, unless you like having a .38 strapped to your tool belt.

Mat (Chris, see below)-- I've contacted the county and they forwarded me to a company who records all of the pre-foreclosures online for the county & trustees.

Originally posted by Mat Lewczenko:On a side note, (I'm pretty sure I can hijack my own thread) has the Scott family added another deduction yet?

It is a big headache to have to drive to a laundry mat and can be a rental deterrent for your building.If this was a rehab and flip and no income is provided then the seller is using PROPOSED rents for a cash flow projection.If the utilities are paid by the landlord can you sub meter out and have the tenants pay or is that market rented with all utilities included??

Regarding a Hurricane Mitigation survey, It costs me about $250 for one and the guy looks at things like roof straps, roof design and construction, exterior doors, windows, and a few other things.

I peeled off their fiberglass mat and it is sticky, like the resin never hardened.