I just quickly checked craigslist for 2BR in the same area of Charlotte and I'm seeing $850-$1300; and most of the units on that higher end are in town homes.

Good afternoon ladies and gentlemen, quick question has anyone had or has experience with getting an out if state homeowner under contract?.

My quick calc shows over $300k in available "cash out" based on 80% ARV loans.As far as which to pay off first is concerned, I choose option D...none of the above. 

If you can fix the place up and sell it quickly maybe it'll work. 

Hi guys,I know this is a question best asked of my CPA, and I am in the process of contacting him but considering he might not get back to me quickly, I was hoping I could get your ideas here.I own a property in Idaho with my mom - she is on the loan with me.

Little pieces will break off and cut your arms and legs and it will get bloody quick, speaking from experience.

Always best to move quickly and take direct action before they can make a case.

Just a quick follow up on this (maybe someone will benefit from it in the future).

Thanks for the quick reply.

If he wants to test the process, tell him he can find himself with a judgement for rents due real quick.