Inventory dried up a little bit because everyone’s been scooping them up, but a deal hits every once in awhile. 

Market rent: 1,450/month Cash flow: ~ 330/month Estimated value: 260K-275KWe’re trying to decide whether to sell in the next year to avoid paying capital gains and some expensive potential repairs (we’re 5 years into a 15 year roof, have some dry rot under one of the bathrooms that could cost 5k to fix, the electrical panel should be replaced and brought to code at some point for $1500-$2K, and we recently had plumbing problems that uncovered orangeburg main leach lines (50s era) that are falling apart and may last a few more years or maybe only a few months.

Has new roof (2018), walls are dry walled but needs taping and float.

I've spoken to a real estate attorney about this and its a fairly cut and dry process, but the one thing holding me up is that I need to produce a death certificate on the original deed holder. 

It's pay per wash or dry, or the laundromat.  

That way I can just clean the black mold, dry it, then seal the foundation edges, then move on with renovating the bedrooms.

For instance maybe they have some really nasty oil based product that dries very hard and wipes down easily. 

A lot of waiting for things to dry in tile work.

It's cut and dry. 

With REO's drying up if you want to sell them it might be best to work for a large REO broker and handle the buyer leads.