I like the idea...it's great to strike gold during the gold rush, but also, it ain't bad to sell picks and shovels either.

I have seen the argument for over 3 decades and you can just pick it up from the Tx Occupations code bc some think I made it up.

BP is a great community with TONS and TONS of experience and knowledge to pick through.

It would be new furniture and updated appliances, but still need to think of capital expenses.Basic Supplies (tp/shampoo/paper towels) - $200 per monthCleaning - $250?

I also use the outdoor cameras to make sure that the grass is being mowed and the trash is being picked up.

Then, pick a couple of target areas and start analyzing deals—even if you don’t have the capital yet.

--Andrew CarnegieMy advice (which is not worthy of sharing the screen with a BP host/Prez) is to pick a market near you where you think you would like to own a property. 

Just nit picking. 

We no longer even look at the properties.Here is our experience.You pick out the properties of interest and drive by them. 

Anyone reading this thread should make it a point to read your state's real estate contract practice book or at minimum pull a list of all C.A.R. forms from the internet and read the title of each form and pick a few to read line by line to begin understanding the contract language.