I know logic says that they can’t take a House for free, but I cannot find any info or wording regarding paying back a new owner.They always say you cannot sell such a property within 120 days because title won’t insure it, but I wasn’t sure if that was only because the possibility of a redemption for the auction price, or if there was some rule or law that made a transfer illegal or a very bad idea.

I keep my number of guests low to try and keep the headaches and bad reviews to a minimum.

I am very happy we all have choices where we live and work and what we pay.  

So flipper thinks 100k and his double wide is not a bad deal for him.

Good morning Ashley,I would recommend Allison, Smiley would be a great choice!

It requires hours and hours of reading various posts on the site to try to distinguish the smart and good advice and recommendations from the bad advice. 

Estimating repairs and reserves for capex is the most difficult thing, because you can make a bad deal look good and or vice versa.What I have learned from doing a lot of rehabs, is that every house needs a complete do over every 30-40 years, inside and out.

The other choice is to buy more units yourself.

There is some education required that will help you make the correct choices. 

@Brian Bertschi I see this is your fist post so welcome to BP.First 6-7% is not bad historically.