And you think there is some more meat on the bone to chew on too?

That meat seem like a simple question, but if the property is trashed or in a terrible area, you may jot want it.  

Initially, I am looking to rehab, to build my financial funds; with long term goals of purchasing for passive income.Though I have built some relationships within the real estate industry, I have not come across anyone looking to do business with me, at this point in time.

I feel like patience is the best thing for me at this time.

I know that it is fairly old, but it is very relevant for me at the moment.

Hey guys,Not sure if buy & hold rental property is the direction that I want to go or not but I'm curious in case that direction seems to make sense for me at this time.  

Hi Orlando,I;m Michael Cutts and excited to start making $$$ in the real estate/wholesaling field.If you're new and want to study, learn and network with other newbies feel free to email me at [email address removed]

you are working too hard for your money.The sellers mind could change at anytime, but its most likely that a house on the market for that long has not sold because the seller wont let it go with enough meat on the bone for you.

If the deal is worth doing, there's enough meat to cover the tax penalties.

To be sure, it is not inevitable that you use an FHA or 203k loan, but it was an unpleasant surprise for me at the time, thus my sharing of the experience.