A DBA won't provide that protection.Not a lawyer and don't play one on TV.

The plan is to buy as many of these units as possible (ideally around 100 over the next two years.)

Your credit score and debt ratio also come into play.

Thats my thought but the State mandated minimum bid only comes into play on tax sales.

However, Colorado is playing amazingly well.

The part about waiting until the cash flow has been established is a strategy that we are playing if they insist on a price higher than 10% cap rate.

We have acess to the cash to take down and complet 10 at a time 450KTHe local Bank has already loaned at 20 year AM 8.25 (prime+.5) for 6-% LTV cash out but only after tenant has made 2 rental PaymentsIt is a Revitalization type scenario..Friend has already completed 25 of these over the last year and only has 6 left in inventory.... but sales all but stoped in August and Septemberr.The banks are still looking at this as a Community Redevelopment Act money play so once fixed we can unlock our cash and then some....I will search for the 50% rule but find it HIGH for a direct Managed property that has been COMPLETELY rehabed... new wiring, new plumbing pipes new hotwater heater new heater....

Play fair.

.) - in a serious manner; "talking earnestly with his son"; "she started studying snakes in earnest"; "a play dealing seriously with the question of divorce".

My guess is that having a broker work with with us is the ideal situation.