That is why I included the caveat that there may be opportunities within these areas, they are just not areas I service. 

I said yes but have no idea how to charge for this service.

I would suggest that if you do bird dog have them sign a fee agreement for your services in advance.

What service do you use for your electronic forms?

Instead, they are added to the purchase cost and depreciated, starting from the date the unit is "in service" - which is now.Example: the cost of the duplex is $200,000 and renovations to the second unit are $20,000.$100,000 is the personal unit. $100,000 is the rental unit. $100k + $20k = $120k.

I just received a letter today from the attorney at this firm asking for a retainer of $500 and stating the average cost for their foreclosure services is $5000.

Things like get HVAC units serviced, check all the plumbing for running toilets or dripping sinks, add CFL bulbs to common areas, etc.What might be safe is to invest $200k, then save $40k.

Hey guys I have been reading through posts on here about skip tracing and I have yet to see someone definitively recommend a skip tracing service, or say who to stay away from.

A station will be opened at Stockton/Washington with service starting in 2019 so expect the demand of property within walking distance of that station to appreciate in the following years.

Probably the only sellers that would sell this way would be those who have very distressed homes, so I look at these services as more of a wholesaler with marketing on steroids because of their wide reach.