Costs can easily outrun income if things turn south quickly.

If that happens you could easily have to fork out $5,000 to fix the place up (Speaking from experience here), plus you could lose that rental income during this period.

Make it a win win.Best of luck William

I am trying to create a win-win situation for the both of us.

Can easily sell for 140k on the low end and -160k on the high end.

After all repairs and costs, you'll easily net more than $180K.

Title companies aren't just concerned about the ability to win a challenge over the title.

Hello Vets,I was just wanting to find out what would be a good site to easily find compsor properties that were recently sold in a given area.Thanks in advance,Alicia McCormack

They are very unlike to ever have an estate worth more then $5 million, so this seems like a win.

I'm not looking for the get rich scheme (though who doesn't won't to win the lottery :) and I'm in it for the long haul.Just like you I'm seeking financial independence, I'll definitely keep on grinding.