I haven't ran numbers either however I always like to go back to basics and ask:'What am I trying to buy, equity at a discount or cash flow at a discount?'

They will basically just be looking for the following things in your home office:- The office must have a secure door lock and be separate from living quarters (can not be a bedroom, must be a den or a separate office)- Password protected computer- Locking file cabinet where tenant information is stored- ShredderThere's really no way to get around this if you wanted access to complete credit report info.

But I thought wholesaling and bird dogging were basically the same thing.What is the bare min. amount of capital needed to start?

If the co-signer doesn't make enough income or is a deadbeat, you won't be able to collect from them - so their signing is basically worthless (you can get a judgment against them that they won't pay anyway - that's about all you'll end up with).

I also obtained a copy of the book FLIP, read it in three days, and now have a basic idea of how to master the art of flipping homes.

The baseboard trim is that that dinky 2" stuff.I'm looking for ways to add a few design/architectural elements to really basic uninteresting construction.

We live in a free market economy, and any such requirements would probably at least violate some basic fiduciary obligations of the realtor if not some antitrust laws and possibly even some basic constitutional rights.

The police have done NOTHING, and basically could care less.

As an added bonus, in all likelyhood the value of your property has appreciated OTOH, if the basic structure is ALSO in poor condition, AND the roof is bad, and its not that great of a location, or floorplan, or... then it won't make any difference- you're looking at a teardown.It also probably won't work if you are unable or unwilling to do any of the work yourself; and/or if you are picking all new contractors out of the Yellow Pages.In general, I disagree with the idea of doing just enough to get it rented, then make it nice when its time to sell.

Unless you are in a crazy town like Aspen where rents cover about 50% of a 100% interest only mortgage the basics of rental finance apply.Renters should pay a premium vs financing for the benefit of staying flexible.