Both homes that I've purchases were on market deals, so I'm a bit hesitant to be the guy who calls someone up because I get those calls several times a day and I hate that using cold calls is the standard.I don't expect to be able to use the fact that I'm a local just trying to make my business work in the market it was designed for as a leverage point because it's not helping the potential sellers at all.

Saw the potential to add value to this tired property without making a significant investment in time and money How did you find this deal and how did you negotiate it?

It makes me wonder if I should pull the mortgage anyway and take the potential liability risk.

Our holding time doubled and many deficiencies of the property came to light with the potential buyers who did view it.

Purchase price: $85,000 Cash invested: $21,750SFH turnkey property with high potential for gentrification in the areaWhat made you interested in investing in this type of deal?

And in reality it can take one major cap ex to drain months/years of cash flow, so ideally I’d prefer to fix anything with that could potentially become problematic within next few years with the financing used when purchasing.

The potential here is significantly higher and since the price point is higher, now my 5% appreciation is more as well.

Of course we’ll never know how many potential suits an LLC prevented…  it’s an elucidating thread nonetheless.

The best idea I have is for a vetting service renters can use to screen potential rentals/landlords.

Black Swan- there are a lot of potential economic hits right now.