I was driving for dollars and found a boarded-up house in a very desirable neighborhood in Charlotte NC. In researching the property I learned that the city had declared the property as deteriorated and issued an ord...

Total purchase price and costs of acquiring the property, and get it ready to start generating the numerator. 

Any ideas on how I can go about acquiring this property with the lease amount in tax possible for my uncle?

I'm taking the lowest just to be careful.My plan is to 1. acquire via hard money with 10% down rent it out and then refinance to get all cash that I put in the deal out via a portfolio lender or delayed financing.

Sam Zell said at a conference he spoke that he started by managing and acquiring properties in Ann Arbor, Michigan during his grad school years.

I'd like to acquire a bunch of rentals that cash flow enough to support my lifestyle as well as create a nest egg for retirement. 

Prior to acquiring a property, I am 95% certain of the cash flow I can produce...that is not speculation.

Seasoned note investors are usually the one's buying these because you have to have third party vendors who can verify property values (real BPO's not just online), attorneys in the state's where you acquire the NPN's ready to foreclose or modify the loan, verify that the note is transferred correctly, notify you of other liens, make sure the note was drawn up correctly and that if it has previously been transferred the transfer was handled correctly.  

Hi all, I'm in the process of acquiring my Colorado broker associate license.

I am looking to acquire long term quality rental properties.I would like to connect with all members but particularly members who live abroad as well as members who focus in the DC area.