So I am on my phone and that whole "mention" thing doesn't work so hopefully you are following this topic.Anyway, it's time to get her attorney involved.

Sophisticated CRM and follow up systems.3. 2 to 3 or more closers ( real people that the second the lead came in they were pounding on the door) now you will have others on BP who qualify folks on the phone and only work the with most motivated.. and I suppose that works were you have little competition or your competition for inventory is not keen.. these folks were in bigger MSAs.4.

-Gross Monthly Operating Income3,291.75 Monthly Operating ExpensesProperty Management Fees347.00 Repairs and Maintenance200.00 Real Estate Taxes250.00 Rental Property Insurance298.81 Homeowners/Property Association FeesReplacement Reserve50.00 Utilities150.00 AdvertisingMonthly Operating Expenses1,295.81 Net Operating Income (NOI)Total Annual Operating Income39,501.00 Total Annual Operating Expense15,549.72 Annual Net Operating Income23,951.28 Capitalization Rate and ValuationDesired Capitalization Rate8.00%Property Valuation (Offer Price)299,391.00 Actual Purchase Price167,500.00 Actual Capitalization Rate14.30%Loan InformationDown Payment33,500.00 Loan Amount167,500.00 Acquisition Costs and Loan Fees6,000.00 Length of Mortgage (years)15 Annual Interest Rate6.690%Initial Investment6,000.00 Monthly Mortgage Payment (PI)1,476.66 Annual Interest11,002.25 Annual Principal6,717.63 Total Annual Debt Service17,719.88 Cash Flow and ROITotal Monthly Cash Flow (before taxes)519.28 Total Annual Cash Flow (before taxes)6,231.40 Cash on Cash Return (ROI)103.86%

After a few phone calls between the previous owner and my mother it appears she is clearly avoiding to hand over last months rent.

Not eligible for any repair programs: they will go through a consolidation after 3 months.I could get a secured credit card.Just to add more clarity around the goal, I am aiming to get an FHA loan to buy a du/tri/quad plex.

Make people program your number in their phones.

This means keeping the security deposit in a separate bank account, tenants depositing rent into a separate bank account, and having the ability to apply for a business credit card to charge house improvements and repairs to.

I’ve been provided pictures, repair estimates, ARV, etc.

I really want the phone #s I’m way better on the phone and want to jump right into building a relationship.

The 115,500 is probably the value of the duplex with very little repairs.