First time home buyers are interested in fixer uppers because they can't afford houses in perfect or near perfect conditions.  

People often use a shorthand scale, where A is white collar tenants with good credit, B is upper blue collar/lower white collar, C is working class and D is people with bad or no jobs and credit.

You could FHA or conventional loan a good fixer upper the first year, fix it up, refi to get cash out, rent it out and then use the cash to move faster on the next property.

Hi Natalia,If you have anything in Eastern Montgomery or Upper Bucks, please keep me in mind.

For my first home buying experience, I have decided to go the traditional retail route and try to find a bit of a fixer upper just to go through on whole transaction with the help of a realtor before I look into less conventional methods. 

My question is as follows...when considering the purchase of a fixer-upper property to fix, hold, and rent, what would be a wise max offer price in order for it to be a "deal". 

When looking through the property-- What are the most important things to remember, consider, mention, etc-- it's an upper lower duplex built in 1922.

.- FHA 203k is rarely done on a 'kind of fixer upper' in our market, because it's a little slower and there are 8 other buyers lined up right behind you.

(temporary roof repair after high winds or tree limbs)- Tube of caulk, caulking gun- Plywood and 2x4s for board-up of busted windows?

We have middle class to upper class rentals ranging from $1,000-$1,400/m.