Over the years I have reviewed and amended hundreds of returns prepared at Block, Liberty Tax and similar franchise outlets.

I've bought hundreds of houses using this method.

In the hundreds of mm?

HUD has gone through big changes in the last few months with many being negative.They are doing a lot of things that do not make sense.I haven't sold a HUD property in years because I just do commercial real estate now.Really think about this point for your career.If I a house is priced at 80k as the listing broker I will be paid.If you work with a buyer and ten offers are submitted you have only a 10% chance of getting paid with the accepted winning bid.On the REO side many have left the listing side because of asset managers 1% referral fee leaving them 2 if they are lucky before their broker split if they are not the broker.Count in BS designations that count a few hundred apiece each a year,conferences,computer platform fees,extending money for rekeys,offering cash for keys,and low price points and you make almost zilch for a big headache.With the Robo signing fiasco many banks are sitting on properties they own.This makes asset companies have to recruit agents for promise of potential listings by collecting fees.

Hope all is well.I got within a few hundred miles of you a month ago.I have a personal assistant that operates my Storage facility and also oversees my other properties plus all my books etc.

We have to take the time to go beyond that elementary research and look at the hundreds of other factors that could be contributing to low unemployment.

The biggest mistake I see made is focusing on PRICE.Price is important but it what you get for the price in what area that is KEY.What I have heard from Detroit is they have very high property taxes there.I have heard in the thousands and thousands for one of those cheap 10k houses.You find this as well in Atlanta with very high taxes and assessments and appeal backlogs that go for miles.I would save your money and leverage yourself into larger deals in better areas.For instance if you have 50k to play with buy a 10 unit in a better area.In my area in war zone Atlanta you can find 10k houses listed by the hundreds for sale in crap areas.What smart investors do is look at outlining areas instead where you might see 5 properties for great buys that you have to act fast.When the market comes back the nicer areas will recover first usually.If you have an old junky house on land you have a development play.In Atlanta these junk houses might sit on small parcel .18 to 1/4 acre and the topo is hilly.I can land a house for decent rent and get 1 acre or more in the burbs.More exit strategies,less crime,less taxes,etc.I might offer really cheap for one of those war zone properties and then try to wholesale it with a full disclaimer and let someone else take the risk.

I will pay a couple hundred dollars the next time that I lease something for a good inspection, and it may not discover everything, but I will not worry as much.

bienes, the owner is the easiest target..it doens't matter if you invest from out of state and think everything is running smoothly...if you lose, you can then turn around and sue the property management..i bought a building from out of state owners who were being sued by tenants due to corrupt and lazy propert managers...i took a risk by taking the previous owners place in the lawsuit (even though i hadn't even owned the building when things went south), but i believed the deal was good enough that i was willing to stand in for them and take this risk...we were being sued for 20k, and the tenant ended up winning a few hundred bucks if i remember correctly...at any rate, my attorney told me i could turn aruond and sue the property managemtn, but i decided it wasn't worth 1,000 bucks in attorney's fees to sue the management for a couple hundred dollars, even though it was their fault...you see, even though there was a property manager, AND i didn't even own the building when this happened, it's easiest to go after the owner of the property and put a lien on that property..

This, in turn, offers more protection of everyone's interests in the case something unexpected arises.As you can imagine, there are dozens (hundreds?)