As far as rehabbing, I'm not buying a burned out building an fixing it, but I'm fairly handy and can take care of the small stuff.

I live in a fairly wealthy town and all the size of this house/lot is up to par with the standard but the quality of it is not.

Many New Orleanians relocated here in the wake of the storm driving prices thru the roof, and while many have returned to New Orleans, the houses they've left are still priced fairly high; I suppose in an effort to recoup what they invested while there was a housing shortage.If anyone lives or works in my area, I'd be very anxious to chat about the market here and your/my experiences thus far.Scott

I have done a fair amount of legal research in the past several years.

Is it that the bank has a bunch of offers for various properties to deal with, or are they just sweating out the bidder, hoping that they will get antsy and come back with a higher bid?

Violating the fair housing act can be very bad.You can get a personal umbrella liability insurance policy that will give you some protection against lawsuits.

Check with a tax attorney.I know a fair about about the topic but anyone who offers accurate advice would need to know a lot more about your deal before they could help.

This gives the motivation to get rent in on time, this technique works wonders…I never set a predetermined price… I sell it for fair market value or appraisal price..

A retail buyer has a bunch of specific criteria - bedrooms, school district, yard size, whatever, and these tend to limit the houses that will work.

Are there any ways to ONLY rent to seniors, or does that go against the fair housing act.