Thanks again for the insight and I'll keep all that in mind on my next analysis. 

The reason values are all over the board is because valuation is an opinion.  

This also means I don't have the bandwidth to cold call all day to gain traction. 

Now the Tenant Buyers / or Wrap Around Note payors are REFINANCING and getting ALL new financing which means the underlying Note which we took over SUBJECT 2 is being PAID OFF in FULL.

She does investor bus tours in Detroit all the time and has a lot of relationships there even though she lives in Cali.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

People buy in all seasons.

Hey all!

You must buy a property that costs at least $1,400,000 with a downpayment of at least $500k to avoid all taxes.

Hello All,I am a remodel contractor and have moved into flipping homes especially in the higher end nieghborhoods like N.