You have to make some guesses about future appreciation and inflation and its effects on both rents and expenses.The most accurate guess, again this is just my opinion, is that inflation, appreciation, rents and expenses all track in lock step.

Since you can not do this alone and it is an REO property, your only option is to find a partner, or lock it up at a great price and wholesale it.All votes for my posts are appreciated.

As of right now I cant find much over 6 months, and have done tons of researching, talked to tons of locals, just cant seem to lock down a secure source. just FYI the properties im looking at are generally wholesale deals and run from $20-30k and rent from $500-600

haha, I didn't think anyone posted this and I was about to start a new thread.Yes, realtors just seem to be sheep in that blog post and agree with the author without any actual facts,cases etc.Personally, I'm one of the few who defend it but it does fall on deaf ears so I just gave it up because they sure must be happy with their 3% lol

Call a lock smith and get a price quote.

Another thing is to keep your ears open when you are around friends and family.

And finally, which place do you think you will get the most out of when you try to sell the property.Anything else anyone would like to add i'm all ears.

I'd appreciate your advice, I am all ears.

Even if you've never done a deal out of state but use a Realtor for your wholesale business, I'm all ears.

My friend didn't pay him out of the closing, just gave them a couple grand on the side for being his eyes and ears.