Are there any other expenses that I should be accounting for or any way to verify that what I'm analyzing is a solid deal?

It does indicate the age of the property, so I would check the wiring and service to be sure it is adequate for today's devices.

They may also take into account the income potential of the 4plex once it is completed.It's important to speak with a lender who has experience with construction loans to fully understand the process and requirements.

If you are truly just writing a funding check, and collecting a check at the end, most likely you'll be considered Passive.

PS Only T-Bills and FDIC Insured bank accounts are riskless.

I would just mindful of how soon before that seasoning requirement is met that you start the process because things like credit reports, appraisals, background checks, etc., are only consider valid for a certain period of time.

Strasburg Bank, Apple Creek Bank, Sugarcreek Bank are some that have been here for a while, also check First Commonwealth and a great guy that just started his own business - Christopher Liebig of Nonprofit Mortgage (714) 499-5509 .   

Hey Armon - I am not sure if there is a list of delinquent properties outside of the ones that are going the the Sheriff's Sale but have you checked out the City Houses for Sale? 

Purchase price: $68,000 Cash invested: $5,000 Sale price: $99,000 4 Unit quad in Medina NYRenters were tough and management company's locations are too far for a regular check up.Had a renter pass away and then DCS came in and the house was condemned due to farm animals in the upstairs unit where the person passed.We were too far to keep tabs on this investment so we sold the home.

@Manny Rana yes we are Manny, please don't DM us as doesn't work for us:(We can't put our number here as BP will delete the post for self-promotion, so please check us out through our website in our siganute here:)Sorry for the BP challenges:(