I bought it for a quick flip, but the people living in it did not own it and did not know that it was being foreclosed on.

This could cost between $1,000 and $15,000 and it will not happen quickly.

I’m not sure if you did great and I don’t know how others can high five  you so quick with out knowing the other expenses 

Consider renting in a safe place with a crummy school district I imagine it will be cheaper, you are homeschooling your kids anyway.

After seeing how quick things add up with 20 units, I can only image how close your watching prices on 284!!!

I did a quick Google search and confirmed that murdering the tenants was still illegal. 

In most states, you are required to make a "good faith effort" to find a replacement tenant as quick as possible.Don't forget the tenant that left is also responsible for utilities and upkeep until a new tenant is placed or the 30 days are up.

I say C or D because there are many abandoned homes, but the area is turning pretty quickly.

You want to be able to buy a couple rentals at a time or very quickly, it’ll minimize your risk and help you when things get tough.

Here's the situation.Seller asked for conventional loan only.We bid 196k in a conventional loan. Turns out we have to use FHA. Can the seller say he will accept an FHA loan now but only for 210k?Please help or tag a l...