I don't want to ruin my reputation with these agents by not being able to sell the property.

Problem is, you'll need to find a reputable guru bunch, if I were you, and that might not be easy.

Yes, the new cars get a little better gas mileage, but what does it take (environmentally speaking) to manufacture those cars; destroy the clunkers, destroy all the parts which could have been recycled, etc.Furthermore, I would like to know how effective the clunkers program is at enslaving those lease able to afford it with more debt.

Speculation will not put money in your pocket and it will not make you a reputable wholesaler.Jeff

I live in a suburb town of a moderately sized city that has no apartment complexes and the schools have a very good reputation.

Just be warned that if you do not sell the deal and it falls through without a buyer, your Realtor will probably get a very bad taste and not want to tie any more up with you, it is their reputation as well as yours on the line.

This is not the way to get a good reputation around here.I'm happy with the change in policy as you have described it.

It is like the employee that thinks they can run a business but never had, and when they finally do so, they realize there is a lot more then meets the eye.Always have exit strategies.Cash is King.Be conservative about your resale.Rehab fees will be higher.Unexpected expenses will occur.Lender guidelines are tight for flips.Risk is high with small margins.You may also want to partner with a reputable experienced investor until your wings are strong enough to fly, but maybe not.

Sex offenders: No non-consentual sex offenders allowed.Drugs: No manufacturing or distribution within the last three years unless on active parole with the recommendation of their parole officer.Check forgers / bad check offenses: If less than 3 years old, ALL payments must be in cash or in the form of a POSTAL money order.Evictions: Nothing current.

Bldg with a bad reputation.2. mgmt companies won't be excited.3. convoluted financing situation4.