With the prices they've paid and the rent they're receiving, at least in the areas I've seen, they are definitely cash flowing.

I am looking to start marketing to a probate list I have been building and scrubbing through court house files but I would like to have as much knowledge as possible when I start receiving the calls.

You could have an attorney draw up a promissory note that your father signs (keeps things from getting difficult if other family members are involved), and then put the money into the renovations with a commitment that you receive a portion of the upside for helping....everyone wins!

Hi Serena, I highly recommend taking the course in person as you'll complete it faster, and, as others have mentioned, you will retain more as you will receive real life examples and in many cases will get guidance as to what to expect on the school and state exams.

Because otherwise, in Ohio especially, things may get hairy for you if you try advertising Property (or Contracts) that you haven't fully paid, and received clear Title for. ie.

I will be using yellowletters.com to receive their list of leads and again use them to mail out all of the materials.

You can find MFRs in downtown Roseville, just recently there were a few that popped on the market and received multiple offers same day.

If this is going through a title company or lawyer, usually at the signing the taxes are taken from the sellers amount and the taxes are paid, so h will not receive that money and your father-in-law should not owe anything on it.

Rehabbers, I'm looking to possibly JV.I already have my entity's set up and have been receiving intensive education and coaching from Fortune Builders investing education program, which has helped accelerate my learning tremendously.  

On these types of properties you do not want any loan with a pre-pay penalty.It's a common mistake I see to get pre-pay loan financing on a turn around asset.Thanks, this is one of the better pieces of feedback I have received on BP.