Then, after they have incurred unplanned holding costs, they are having to reduce the price and further slashing their margins.Be smart.  

(Not all 15k was into it, a good amount was for first time purchase of tools like wrenches, saws, power tools ect)All in: $115,500Listing price $159,900Accepted: $149,000 with the terms of offering a home warranty and changing out the fogged glass in the sliding door. -$1,500So $147,500-$115,500=$32,000- all other expenses/commissions/holding = I will be making around $19,000 more or less on this one.

To be successful in real estate requires a high degree of self-motivation, drive, and smart decision making.8.

So E > e and that surge in energy converts immediately into heat energy E = Q which stresses the glass in the bulb so it pops.

Hey BinGreat job on your project in Riverdale .I'm curious how the heating conversion cost so every tenant pays there own heat , very smart idea, I'm thinking to do the same thing.

There are certain areas in the country where most properties will not cash flow for an investor unless you put a large percentage down, which then generally is not a smart investment due to very compressed cash on cash returns, and you could have likely made more with that down payment on a more passive investment.

If prices do not drop I will continue to make smart purchases.  

Sharing here for conveneince:Bullet Points for St Petersburg: Short term rentals (anything less than a month) are technically illegal, but...Code enforcement only enforces this on a "by complaint" basis.The City can't change this law in any way (in either direction) without risking losing the ability to regulate short term rentals altogether, so...We have a thriving Air BNB "black market", but it's inherently risky and you should not base your long term cash flow numbers on this model...the smart strategy seems to be get it while you can, but be prepared to quickly shift to a long term rental strategy if you get busted.

Not sure about your area, but here in Texas, the title company "insures" based on the taxes being paid, unless of course you took title subject to any prior taxes owed, which would not be smart, but they would then show up as an exception to coverage.

An example is buy a modern thermostat using smart phone to control them remotely without the redundant wiring.