By 2013, the bigger fish were starting to come my way and the deals dried up.

Tim's construction company executed with an deep sense of ownership and responsibility..great partnering with both..Will be posting as we complete more projects in tacoma, Puyallup, Olympia and the whole southside..Property acquired: November 1stCompleted: December 12thHere is the deal analysis.Buying Cost: 113KClosing Cost: 5KHard Money cost (Points+origination + interest): 8KRehab Cost: 31KTotal Cost: 157KAppraised ARV: 202K Walk-in Equity: 40K+Rent : $1450Gross yield: 0.93%Among all the reno work -we changed roof, removed a large tree, paint and santitized interior, changed whole floor, cadet heaters and some electrical work, counter-tops, replaced some broken cabnets, resurfaced the rest, appliances, resurfaced the tub, all lights, plumbing fixes, dry-wall and yard cleaning.

You can wrap the head in plastic (grocery bags) to keep the paint roller from drying out if you have to pause for the evening so you don't have to clean it every day.Happy painting!

Most investors agree the auctions have been dried up for a while. 

It's never been an issue, but then again we have a very dry climate here.

If the money dries up, your Tenant/Host is just as likely to disappear.There are a ton of discussions about this and a ton of reasons why we don't recommend it.

I do think about that when looking at areas to invest in as we've seen some areas around us have wells go dry and this continues at an increasingly alarming rate as we draw down our aquifers and ground water through agriculture, industrial use and population growth in areas that have no natural sources of water.

I've gotten quotes from Bone dry, Universal Roofing, Stay Dry, and Cochran.

Also, one thing to know is that our soil is really bad here and it's not uncommon to have some foundation issues.  

The spores are in the walls, drywall, studs so you need to treat a couple times and keep it dry.