Just the prep fees for trial was going to run a few grand.

I do hope to run into each other at one of them.

Running the numbers seems do able to me and everything else seems ok.

@Odie Ayagaof course - if there's enough equity to cover the sum of all debts, there's profit.the biggest challenge i find when i look at a foreclosing property is to "know" how many loans does it have, and so there may be an unseen debt from senior positions.of course i could run a title search but its not fun to spend a hundered bucks on every property only to find out 90% of them are underwater.

Get rid of the free loaders and start running a professional business.

@Jessica HuntIf you are a regular "employee" of the business then you do not need a license.However, doesn't mean you won't run into any issues.Property management has a lot of risk when it comes to things like fair housing laws, which is why you normally have to be broker or be a salesperson under direct supervision of a broker.

I would say they will give you the best run down of the market and area (they are sales people, however).

What should we run from? 

no way possible to answer this question... you need to be a little more specific.like whats it zonedwhere is it at just minor details like that if you want some helpful hints.land can be great or it can be only worth what someone will pay for it to go camping on it or run a cow or two.

I am running numbers on a duplex and wanted to double check and make sure i have everything covered and see what people think.