So in the process of you fixing this house up think of 3 ways you can produce revenue off of this property.It will force you to keep on track with your budget.

Most sellers will expect one.Speaking from my 4 years of wholesaling experience, you will want to produce your own specifically worded contract for each state.

We're diversifying a bit with more flips, but also been dabbling in producing our own mill work (flooring, stairs, counters, etc) that we think will be another way to bring value to the table over time (and perhaps income as well).We have a great relationship with a local bank where we have I think 5 mortgages, a commercial line of credit - etc: and they've been transparent in letting us know debt to income level threshholds to continue lending. 

You paid 170k and it produces 60k.

Even if a well is drilled that produces royalties, it won't be enough $ to give much thought to it.

The President whom wants him gone is now saying that because of his resignation letter his contract is null and void after the 30 days and he needs to produce a new contract to be considered.

However, not filing a complaint is likely to produce another victim, perhaps one who - unlike me - won’t know that their money was not forwarded to them.The total of the four payments amounted to $3,541 before the PM fee.

I’m hoping that getting into another 3 family property without having to put money into it to produce positive cash flow might be within my comfort zone since I just started.

In fact, a number of exchangors made a business of acquiring cheap, mostly useless residential lots (those with no utilities and about 30 years from any hope of development) just to put them together with some $ and trade the combination for a income producing property.

At the time, the property was only producing about $1,100 a month in rent.