The writ of possession will then allow the lender to properly evict the tenant and take possession of the property.

Determined to change the constraints of my financial barriers, enthralled by doing my absolute best to solve the problems put in front of me by these wonderful homeowners (except for Willie, He was NOT so wonderful) that need relief, that need a "pass go collect 200 dollars" card.

I think you wait or HELOC it, take out and payoff any credit card debt.

There is a difference between ongoing repairs and repairs that have stacked up over the years as the seller has sucked out maximum cash flow and put a band aid on everything instead of properly maintaining the asset.

And yeah, I'm as tech as they come and I love going to Houston once a quarter and taking a 2 foot tall stack of $$ out of our VTM (the machine that people put cash in to loan $ onto their cards that are used by the W/Ds)

Just make sure you do a proper and thorough due diligence, and don't become emotionally attached to any potential property.

If the $ is big enough it might make sense to consult with an attorney to determine if this was handled properly by the seller/condo association as concerns prospective purchasers.

I'm not oblivious to the fact that this will not happen overnight, but rather take years to build properly.

Get a look at their portfolio and see how their work looks.It's worth paying someone to do the job properly.

I've found the biggest factor is proper pricing.