P&I = 1832Insurance = 41Taxes = 416The neighborhood is actually new construction - and my neighbor just bought last year.

Watch the neighborhood sales market as well for timing.I read statistics that showed buyers have less interest in spending alot of money and/or time in the kitchen as they did in the past due to their busy lifestyles.

It is all just another brick in the wall.We are here to learn.....or spam and get banned :lol: Collaboration is a recursive process where two or more people or organizations work together toward an intersection of common goals — for example, an intellectual endeavor that is creative in nature—by sharing knowledge, learning and building consensus.

It is a big area with lots of neighborhoods like anywhere else.

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I have found that when they (homeowner) find out about the possibility of a sign letting everyone in the neighborhood know what is going on, they see another point for doing a short sale.

You mentioned in the neighborhood of 20%.

The house has a mortgage of 50,000 (3 bed room , 1 and a half bathroom)Houses in that neighborhood are worth about 75,000 The house has about a ballpark of 20k in repair.

In most cases they already know you're an investor.I tell every seller I come in contact with that I'm NOT a NON PROFIT Organization and I do plan on making a profit.

Also like I said earlier try to purchase in neighborhoods that still have some type of value.