-if the home is up to code, GET THAT HOUSE ON SECTION 8 ASAP.

You also get into issues with your license if you start to wholesale and the "realtors code of ethics."

I would also read Jimmy Napier's "Invest in Debt" and George Antone's "The Banker's Code" to start.Best,Dave

It's an over/under configuration (3bdrm up, 2bdrm down) with a rent-roll of $2400/mth and an operating expense ratio of 34%.The prior owners had undertaken some cosmetic rehab {& made some scary alterations to structure in the process} and had decommissioned central high efficiency gas furnace and converted both units to electric baseboard heat.The cost of heating the building had actually increased by ~15%, but it was the tenants problem.

. :)Have you got any code, law or case law to support your statement?

Biggerpockets should really code the "@" feature for IPads and cell phones!!!!

Accounts of mortgage law stems from ancient India in the form of the Code of Manu, an ancient Hindu script that rejects deceptive and fraudulent mortgage practices.

Within a year, I had to have it replaced due to code enforcement to the tune of $10,500, adding zero value to my property!

Donny Widjaja The real resource you want to follow is Chapter 92 of the Texas Property Code.

And $3K in code compliance liens, which maybe could be discounted?