The house also needed approx 20-25k in repairs.Maybe at 70k the house would be a deal...i'll keep an eye on it and let the bank evict her and see what happens down the road.

We are looking as a " buy and hold " property but are curious as to what the resale potential would be down the road.

I'm right up the road from you in Fallston.

you don't want to go down that road, occupancy fraud.

A home a few doors down the road recently about a month ago went up for rent @ 1500 and rented in a few weeks from what I see.

But the part about them getting spooked definitely makes sense.Michael Siekerka Perhaps the part about 20 people was a little dumb, but I'm more concerned about electrical, plumbing, or other issues that could be temporarily patched up so as to appear fine during the inspection and rear it's head down the road when I am the owner.

Appreciation1.Stable-or-better outlook for the economy (this one is complicated)2.Low $/sqr ft (<$50 is ideal)3.Low cost of living in the city4.Larger lot in a neighborhood with larger lots5.Diversified economy6.Non-Extreme climate7.Property doesn’t have any significant negatives (high road noise, power lines, hills, odor, etc.)8.Housing market trends must make sense9.Decent or better city to live in.10.A decent sized city or larger (maybe one of the biggest 75 MSA in the US.

Like most, my road block is cash.I am looking for options to entry.

Of course he sounded hesitant at first but then realized he's going to be making a lot more money with me down the road and agreed.What kind of ROI do you guys look for when doing flips?

I think you're heading down the road of getting taken for 100K.