As for utilities it would be the same if you share water and it is not separately metered to accurately determine usage then that bill would be split and used as an expense for the other unit, not deductible but an expense.

Don't know if I would take that gamble.

The BUY side isn't where most of us are going to worry but that was a great example.The more likely place they get in trouble will be if they give the fairly accurate statement of "I have a list of investor buyers that will buy your property at the price we agree on and I will just get a small fee to connect you guys."

Though how would I calculate the returns over the same risk in an accurate way?

That being the case why use such a small tool that will often be to small to do the job right.I own the dremel multi max and its a lifesaver when i need to get in tight spaces, its also extremely accurate.

The most effective and accurate way to pull comps is by befriending a realtor who will pull the comps of a specific property.

In my experiment I was looking for something super cheap and treating it like a gambling and/or educational experience.

I don't know what numbers you used to get the 12% but if they're accurate then you shouldn't have much problem.Those properties have been on the market for quite awhile and were always priced too high to consider.

I am here to learn and think accurately and efficiently.

., houses that have been foreclosed on by local tax authorities for lack of paying property taxes. granted, most of these houses are in such a state of disrepair that they probably should be burned down and started over, but buying this way teaches you how to become one hell of a great handyman. start getting your credit in order. you hear a lot about these " credit repair" companies all around. the truth is,  THEY CANNOT DO ANYTHING FOR YOU THAT YOU CANNOT DO FOR YOURSELF. go to annualcreditreport.com and get a free copy of your credit report from all 3 agencies. by law, you are entitled to a free report each year from each company. on annualcreditreport.com, you can dispute every negative thing you see. thats how these credit repair places do it. they go on here and dispute anything that looks negative. by law, the credit agency has to follow up on your dispute to any and all creditors that you dispute. these creditors have 30 days to respond back to the agency as to whether or not this report is accurate. if they fail to answer back in 30 days, then that part of the report is removed from your report, just as if it never existed. hence, your credit score goes up and you become more desirable to  lenders.