You do pretty extensive rehabbing....I was wondering about what ARV homes do you work with?

Unfortunately, most of these houses require extensive repairs and have fees associated with them to get them off the city's vacant list.

The day is going to come (if it hasn't already) that the bank is not going to give you an extension and move forward with the foreclosure.

Obviouisly Kyle, you wouldn't know ethical or lawful conduct.

So, IMO, if someone is experienced and asks a question like that it's pretty plain how they try to conduct their business, look for "loopholes" so we can lie.

-Extensive rehab and rough neighborhood.Unless you have a strong team with experience on this type of property, you could be taking on more than you realize.

Jason is right on but just to add, how you conduct the business will determine your liability as well, doing something stupid will likely be covered, grossly negligent might get you hung, especially with other members of the LLC.

This changed the market and neighborhood demographics big time making an extensive knowledge of each area your potentially going to invest in a necessity.

This audit report costs the employer around $10k+ to have conducted, annually.

There are still quite a few properties available, but they may require extensive rehab or may have mold issues.