I have a full-time job, as well as a wife and three kids that I dedicate time to each day, so I don't always have an abundance of time.

I'm married, have a bunch of kids and am in my 20th year in my career as a software engineer.

Run it like you stole it.Cash flow it out with recovery housing or student housing, and don't spend a cent on repairs.If 1st won't negotiate, buy it back at auction after the kids and the recovery house people have roughed it up.

The agent might get a bad taste in their mouth after repeating this cycle over and over again, especially of there is no money to be made in it...I think you should definitely do your homework and ask your agent for help once you have narrowed down your criteria, market, etc and have analyzed some potential leads.

It's easy as an investor hiring a GC to think "well you work for me, so if I say jump, you jump" how ever on the flip side, there is a large pool of people who need home work done compared to the small pool of good GC that you are diving into.

I know you were kidding... : )Next time you see Brandon Turner ask him how the weather is up there?

The property is only about $1k more than we’d pay for a rental so it’s not a huge risk but it would be annoying to have to move my 3 kids a 2nd time in a few months if this parking ticket business doesn’t work. 

A friend of mines agreed to move in with her two small kids under a 1 year lease.

I don't care if you are an 18 y.o. homeless kid who has never even lived in a house.

So far I like what I see but I'm trying to do my homework.