Account ClosedI would just add the repair cost and cap rate to your numbers there.Do you have any REOs/short sales and such in the area?

:)This house is in Birmingham, AL and I am trying to wholesale the propertyThis house is listed with a realtor on the MLS for $79kARV is about $75k and minimal updates / repairs are necessaryThere is $68k remaining on the loan balance, but the seller is behind a few months on the payments and might have to short sale it to the bank (does this even make sense, I'm not entirely clear how short sales work?)

We just released our annual short-term rental report, and PCB is the most profitable area in the U.S. to invest in a vacation home.

This property is a short sale and the the seller was in the process of filing for bankcruptcy.

I'm a 26 y/o professional and looking for both financial stability in the long-run, as well as supplemental income in the short-run.

However, this explains the lower prices for the intimate cabin setting that we are looking for.My investor wants something close to an services and attractions, hence opportunity for vacation rentals, when not used by the primary owner; but, still have the ability to provide a private intimate/eco-friendly setting for those wanting to get a way from it all.

I realize how swamped all GOOD contractors are right now, but any one they recommend for a short notice bid/work in S.

Usually there is a window for owner occupants to buy and then investors may put in their offers if the owner occupant offers fall short of what they are looking for.

Having your property professionally designed will in the end make your home more attractive to buyers.

I just listened to a short podcast talking about Uber co-founder Garrett Camp's recent launch of Haus.