Give it time and be patient.You also need to be ready when a deal comes your way.

I'm looking for almost rent-ready SFH in the Pittsburgh area between 7k-20k that will cashflow.

My 4 month closings provide ready proof of this.

Do not take on any consumer debt.

The money you put into the property before it was ready to rent is not deductible.

I represent roughly 30 Lenders, and REO asset management companies...I will stick with the less risky stuff..If you think a jury of 12 will rule for a lawyer over a consumer... pass me what ever you are drinking or smoking!

I have been gathering ideas and working out marketing strategies for the past year or so and I am ready to step out of the real estate office I currently work under and begin my own.The area certainly isn't lacking in the number of current real estate companies nor in the number of active realtors but there are some areas and targets that are NOT being approached by anyone.

This duplex he's selling is currently rented 1 side $350 and the other is rent ready. 1 bed 1 bath 688 SF each side.

Thank You all for your replies..Much Appreciated.After readiing the posts last night I put the pencil to the 3 offers I made and found that in one case I can offer much more end up about 80% of asking price and still have the deal cashflow for long term rental or lease option.As for tje other 2, true value is around 120-125K.

Some do, and some don't, and even if they do today, they may not when you're ready to do that.