It has the potential for positive flow if I play my cards correctly.

Add your URL to your direct mail post cards, business cards, and craigslist advertisements.This combined with some bandit signs if they are allowed in your area can really drum up some motivated sellers.

Once you are up and running successfully for a few years it will become much easier to qualify for financing for a property if you decide to buy.People say real estate is about location, location, location- but that is even more true for retail.

@Brian Levredge This is true.

I have great creditLimited liquid cash as of todayI have some credit cards to play withI have a solid network to possibly leverage other people's money

For Vacancy)= 12672- 2399(taxes)- 420(garbage)- 420(sewage)- 600(insurance) 1500(Maintenance & Repairs) = 7333NOI= $7333.00Cash Flow= NOI(7333) - Debt Services(3828)AM15yrs=3504Yearly ROI= 14.6% (9000down+15000rehab)/3504(cashflow) Factored rehab cost into ROI to get a true number.

I'm out of state and wondered was this true if so were there online options??

Thanks for the feedback, folks...Like I said above, the closing attorney insists this is standard in Delaware, and it's true that there's a paragraph in the standard Delaware contract that states the seller has a right to convey via SWD.

I don' t know if that is true or not.I don't think anyone will take your appraisal.

If that was true we would have every deadbeat putting their property in one.