I’d just have to figure out how to come up with rehab costs, and learn about seller financing a bit more within a short time frame.

Check the contract for clauses related to delays and the compensation you are entitled to if the project is not completed on time.- Exit Strategy and Resale Market: Consider the potential resale value of the property.

Evan,Obviously depends on costs but this will be a rental that I plan on holding long term.

Hi Hanna - here is the rough breakdown if you are looking for solid returns on a long term buy and hold investment.The majority of the bread and butter of CLE RE investing is on the west side.

The transaction to pay the renovation guy worked fine (I provided an invoice from him to Plastiq).As Kerry Noble said above, they do seem to have "tightened up" their terms.

Wealth comes from holding real estate long-term.

The only reason to buy a home while still in flux is if the long-term plan is for investment only.

It sounds like you're saying to think longer term, to let things develop.

We use a company that sets up all of our long and short term holds in LLC's and our parent company is filed in Wyoming due to all information being protected and not publicly available from the LLC. 

Purchase price: $199,000 Cash invested: $40,000 Long term rental What made you interested in investing in this type of deal?