there are no repairs needed on it and it is move-in ready.

A good association will plan for necessary maintenance and repairs and try to keep any additional assessments to a reasonable level.

Call the town office and ask them if they will take your credit card over the phone.

Now granted, I plumb and wire to code and since it was faster and easier to do it myself, I chose to do the electrical and plumbing.If you have the energy to do 30 in a year, you would make far, far more money with less taxes buying Subject To and selling to tenant buyers who give you 10% down and do the repairs themselves.

Damage would have no effect on my offer aslong as all damages have been properly repaired.

I'm considering a buy and hold or potential wholesale deal in Memphis, TN and would greatly appreciate a second opinion.ARV: $55,000      Purchase price: $43,500         Rent: $775 / OccupiedMgmt: $77.5       Repairs & CapEx: $117        Vacancy:  $64I can get financing with %15 down, 20 year loan, 3/1 ARM, est. %5.6, my PITI is around $406.Rent $775 - Expenses $258 - Financing $406 = $110 in cash flowIt feels a little thin. 

On top of that, my phone and PC are connected to same WiFi.

You also need skills in evaluating what repairs are needed, and what the costs of the repairs will be to create a realistic budget for the project. 3.

You'll need at least 6 weeks to close, but they are very easy to work with over the phone and email.

Jake, we work with both very sophisticated corporate investors and new ones...primarily on the sourcing and acquisition side but also to provide repair and renovation and leasing and management.