Butthe other issue you're going to run into is that the two key components - ACoil and Condenser (I'm no A/C expert so my terminology may be off) - are going to be tough to find replacements for if one of them goes bad.

The Dodd Frank Act and amendments in 2010 went on to define this "notice of foreclosure" as actual transfer by a trustee's deed (non-judicial states) or court order after foreclosure (judicial states).

Real estate = a business, and like with any business, how quick you get rich depends on how you define rich, how much risk your willing to take and how much volume your willing to work to sustain.

This report will state the condition/remaining life of major components of the property and determine the amount that will be required to be escrowed.

That seems very low to me.Remember, this will include property management (likely 10% of gross rents), maintenance (could be another 8-10% of gross rents), capital expenses (probably $50 per month), vacancy (likely 5-8% of gross rents), utilities, lawn care, legal fees, etc.I'd ask them what their projections are for each of these components...you'll find that it's a lot more than $130/month is calculated correctly.

Very helpful for newbies & any old-timers that would like to learn more about the components of a house and estimating.

Here's the formula I use for flip analysis:Max Purchase = ARV - Rehab - Fixed Costs - Desired ProfitIf you already have your Purchase Price defined, you can rearrange to determine your Profit potential:Profit = ARV - Rehab - Fixed Costs - Purchase PriceIn the case of your flip deal, you have:ARV = $65,000 (always use the conservative side of the range)Rehab Costs = $30,000Purchase Price = $12,500And, in general, I use 10% of the ARV to determine Fixed Costs (commissions, concessions, closing costs, holding costs, fee, etc), not including any loan costs.

However the neighborhood has a history of legal battles over this, and some neighbors have won "adverse possession" cases in court due to existing fencing clearly defining what they believed the property lines were for years.

Define your ideal transaction and the numbers that go along with it.

This has been defined by a Supreme Court case, Securities and Exchange Commission v.