i bought all of them, and mixed with buckets of cheap white paint to make nice soft lavenders and other colors...i had home depot intall the carpet and i threw a granite slab in..i even bought the appliances off of craigslist..i laid down some floating laminate in the kitchen and tile for the 2 baths...i spent maybe 2 or 3 days cleaning the place as well!

If they still make them work (i.e. paint,clean, ect.) and pay and affordable mortgage, then I take back my negative comments.

So, using your approach, to create a target list either:1) match obits to owners and contact the relatives, or2) research court records of open estates containing real estateYour marketing will be more effective if you create your USP's around specific problems that you are willing and prepared to resolve, in return for a trade off Blythe estate PR.

Carpets need cleaning, stretching and smoke smells removed.

Cumbersome, but effective.

.- Duct Cleaning.

Assume conservatively that it will take a month to turn around once tenants move out, clean up, paint and find new tenants in your calculations. redo your calculations to deduct the vacancy rate you find appropriate along with adding costs of a months utilities to each year or at least up front.

I've done many at 100% LTV by selling the financing instead of buying the property so to speak.Retirees want income, low taxes, no headaches or worries, no more maintenance, repairs, tax return complications, cleaning, advertising, tenant collections and issues.

Expenses such as damage, clean up, re-rent marketing, legal eviction, etc.

That means as clean as possible -- as high a price as I can offer, no help with closing costs, no due diligence period, no contingencies close in 3 days (or as quickly as the seller would like).Even those offers are getting rejected too often...I couldn't imagine playing games and asking for more with my offers.Now, that said, maybe other markets are still buyer-markets and investors can still afford to do this...