My mtg will remain in place.The contract for deed sale varies from state to state so make sure you have correct language in your CFD contract.I like it b/c I am getting nice chunk of change upfront and will be making interest over life of loan as well.

Craftman style, decent neighborhood, needed significant work and great houses around it.Upon further inspection, it was partially worked on inside, some new sheetrock and paint, but it didnt look like anyone had been there in a bit.Knocked on the neighbor's door and after some chatting, got the owner's number.Long story short: meeting the owner this week for a formal tour, talk numbers, take my mentor and then maybe my first wholesale deal!

As mentioned, building and zoning codes are difficult to get around, high density is required to make financial sense and, practically, I think interest is more around peoples desire to simplify their life than to live in a very small space.That said, I would like to try a project with houses in the 400 to 700 range, and maybe a few tiny's included.

Enjoy the county life close to everything.

It will reduce the life of the new shingles and make it difficult to locate leaks for the most part.

Converting some of the downstairs into a master bedroom with walk in closet and ensuite, 50 % new roof, new floors throughout, paint, finishing a sunroom, refinished kitchen and baths.ARV: $189,000 Comps: #1 - 3/2, Same style house with 350 extra sq ft (mine will be similar with finished sunroom) no big garage.

I can't imagine life without mine.

Then you need to look at the life cycle of how this investment will play out in the long run should you sell it in 5, 10, 15 or so years and see what each point looks like.

Early retirees are starved for yield, and it has a very detrimental impact on their lifestyle.

In most cases they are fully depreciated in real life (worthless).