:I want both appreciation and cash flow :)I want a private tropical Island AND my own Brazilian Bikini models, but not likely to happen!

I would have any changes like these for when you plan to resell.Now, that said, if this were a house I was flipping, I'd remove the wall between the kitchen and living room and put in an island and bar-top to separate the two rooms.

It consists of two separate agreements between the landlord/seller and the tenant/buyer.

We are consistently #1 or #2 in Dorchester and I haven't had to search very far for deals... they are coming into the office.

Simultaneously I'd talk to a local commerical bank and say 'I have a duplex on Staten Island that I want to buy but I need a few bucks to buy out my relative.

I cleared about $55k after resale and holding costs and borrowed $200k so my cash on cash was 85% and I did it in 4 months.This was done in a very, very competitive market of Southern CA where finding good spreads in that type of value range is difficult at best.Most of my acquisitions are REO deals and not short sales, but short pays are a larger majority of the inventory compared to REO so you must work them if you plan to consistently obtain deals.

We've constructed and begun work on a massive marketing campaign consisting of direct mail, newspaper ads, magazine ads, internet marketing, business cards and pamphlets at local businesses, cold calling, walking around our neighborhoods looking for properties, and word of mouth and bird dogging.

(see my posting under Marketplace) as an example, and I consistently find some good properties in the $15K to $18K per door range.I also think Cleveland is better as a B&H than a flip as multi-families have been a bit slow on the appreciation lately, but they will get there as inventory dries up.

It consisted of close friends and family members.

It is currently priced at about 10K under the appraisal value and the SF pricing is consistent with the neighborhood.