I can do everything and just as good as a pro, or better, with exception to roofing and hvac.

House is in excellent condition, like new. 50 yr roof.

It,s harder to prove that the roof didn't leak.

First thing--replaced rotten wood/roofed flat porch with rubber roofing/vinyl underbelly. 2007 have a contract for purchase.

Most months you will not have that many expenses, but throw in one new roof, new carpet, or one of the many other things can go wrong and you can see how the average per month can go up pretty quick.

thanks so much for responding, i was not clear about the problem at the end and why i changed my mind. i was told that my loan was ready,my funds were ready, but the lender on my side, was requiring more documents from the sellers lender in reference to the preforclosure status of the property. my realtor says he doesn't know what they meant because "they don't do that here in oklahoma." i was also very unhappy about repairs that were made to a garage door and roof.

It cost $35 and for my $75,000 (new kitchen, brand new added bath, windows, doors, roof etc., tile, floors) he gave me $14k.

Positive cash flow $4,600 annually.Building is in good condition, new roof two years ago.

When you close, your risk in the deal goes through the roof.

However there are investors who didn’t buy at steep discounts and who now are upside down and their properties have declined in value and they can’t sell them, now the investor is facing a financial hardship..