For instance here most investors do tile in the kitchens, bathrooms and laundry areas; carpet in bedrooms and basements; and hardwood or laminate in hallways, dining rooms and living rooms.

I have added some amount for an extension that was added to the workshop building, and some appreciation.My questions:1.

Yes , the house is about 70% damaged.The roof and both second and first floor has extensive damage.Being that its a total lose , what could you do with the 300k equity if so?

For instance the one property I have under contract now is more rural.

People that are successful average thousands to tens of thousands per hour for their time or more.If they are spending time with you for instance and not closing deals it is costing them money.

It can only be removed from country records by satisfaction or court order..Now in some instances' you can have your title company hold 200% of the lien in escrow and they will write around the lien and give you a title policy but those are few and far between and pretty hard to do.

But, from everything I learned, and just simply being a buyer who does not buy retail I would never buy it on "future worth" I do not have extensive knowledge on this area and open to all ideas, thoughts, experiences.

Building needs about $350k in rehab due to extensive deferred maintenance.

Even with a great team, I know you need a personal team AND a client base.. for instance, as a real estate agent, if someone shows up at open house, gets excited about buying and wants to look at additional properties, I need to get them pre-qualified.

Because you are on the hook for half a million bucks with someone you probably haven't worked with extensively in the past.