Most retail deals can not get financed if underwriting sees a large spread.As an investor looking to refurbish, any reason to expect you would pay almost retail?

Many banks are offering shallow to no discount on REO.I expect that to change as their inventories increase and BofA loses some of its hold on the other banks.

How the file is put together and what is in the file is what the lender depends on.You are clearly speculating on the future if you buy a lot and expect that its value will go up from future demand.

I would suggest going to irs[dot]gov and reading these IRS publications before sending out 1099 forms:Publication 535 Publication 527Instructions for 1099A & 1099CI would include the links, but I'm not able to do so yet.I would expect that sending a letter to the tenant threatening to file a 1099 is still likely to work with the tenants who care about the IRS.

The larger call centers who some RE investors use (as have I) have staff turn over and other things that really limits what you can expect for screening.

These are drive by appraisals.As properties sell the data will be re-evaluated and properties that are outside of the expected range will have their appraisal updated.Some wonder how you can check every property even if just from the street.

The website is 971Roundtable (w's and dot 'c o m' of course) They delivered on my expectations and it was a pretty smooth process.

If the seller is paying you to represent them then expecting a commission could be an issue.

If prices are still rapidly appreciating in your area, then consider the cost of holding over the winter as compared to the better expected price in the spring and the risk that prices will drop.Good Luck,Mike

I am a token example of why you should think hard about what you want to do with life before settling for a "career path" just because it is what is expected of you :D .