HI, pretty curious about what the Fayetteville officials are like in regards to this process? Anyone have experience with this process and any advice? Even things on how to investigate the local process would be welco...

According to our lawyer and case study, our base starting pay back is the 75k + taxes, interest, and insurance and not the 200k we paid so we subpoenaed the previous owner for all of his figures he spent renovating the house.

I prefer holding a rental to mitigate capital gains taxes after a few years of holding.

How many calls do you think they get for someone who is going to "buy 10 houses this year and wants to build a team?"

Building strong relationships with tenants can make a significant difference in property management and tenant retention.If you're looking for your first property, have you considered specific neighborhoods or property types in Urbana/Champaign?

I’ve been working on building relationships with hard money and private lenders instead.

Liens that remain generally are unpaid taxes, and involuntary liens including but not limited to code enforcement, unregistered permits, unpaid utilities, etc 

The seller was a foreign landlord who was behind on a few years of taxes, and the property was in C5 condition at the time of initial appraisal.

If you're dealing with a broker, ask him to request that information as part of your due diligence from the seller.RUBS/BILL BACK When there are single meters on a building, you can bill back a percentage (based on location) to the tenant.

You need to build a great team of people.