Here is the latest posting with pictures from my latest flip: http://blog.wealth-steps.com/2012/02/where-to-start.htmlIt is MUCH easier for me to post pictures now.

Everything seems easier at a 10,000 ft view.

If you just do wrap sales and convey title it will be a whole lot easier.

That appears to be paying cash, so there is no debt service involved here.

However, if the rehab wasn't huge in relation to the purchase price, this would appear to be very appealing.http://themortgagereports.com/6336/delayed-financing-rule-cash-out

Most of them are small operations but they all have that really cool machine in their full size vans that seem to turn what appears to be a lost cause into something miraculous(sp?)

It's a lot easier now than when issues arise.

You appear to be a buy-and-hold landlord, not a flipper, so forget the s-corp and salary/dividend split.

It appears to be an active market, and I find that listed right we're not having trouble finding buyers.

But if it's a sub 2 deal, I like to make an appearance to make sure everyone is on the same page and fully understanding what we're doing.Also, if it was a particularly good deal for all involved, I might come snap a picture or two and gather some good feedback for the "testimonials" page on my site and/or newsletter.