I have taken the 40H class and looking to sign up for the test for the purpose of; making extra $ in RE --- getting closer to my market --- overall improvement of investing.  

Also, a lot of improvements and value could be added to increase the net cash flow.Anyways, we offered $350,000, they countered at $375,000 and purchase in "as is" condition. 

Come out to Denver and see if there are any little things you can do to it to improve the condition. 

aloha BP,I would like to ask if anyone could give me your thoughts or more information about owner financing, I have talked with a seller that might be more interested in doing a owner finance instead of just selling their  property and getting a big chunk, she wants a steady income for x amount of years for her retirement, but question is would owner finance work if home needed major improvements and repairs?

So I upscaled this renovation in anticipation of future improvements to the neighborhood, and in hopes of attracting better tenants and higher rent.  

Employment and housing sectors have improved in the past year as U.S. unemployment dipped below 5% for the first time in many years.

Yannick,Have you considered buying a duplex with conventional residential financing and renting the second unit via Air BnB?

Do your due diligence and find out their bottom line (what they currently owe, how many years have they enjoyed living there, what improvements they have made).

There is a real estate investor buying rehabs in San Antonio TX with private first mortgages, with no due on sale clausesThen selling the homes without improving them on wrap around mortgagesWrap buyers are owner occupants RMLOs are used to underwrite the wrap buyersIf you sell on wraps with RMLOs it is my understanding of Dodd Frank there is no limit on the number of deals you can do.

You probably have forced air HVAC so there shouldn't be any there.