Building true wealth is not how many doors you have mortgages to the hilt but how much equity you have.

Thanks for the encouragement, especially true what you said about the experience from the first deal being worth more than the deal.As for what I am looking for, it's single residential, tho I'm not opposed to small multis.

If it’s a true foreclosure, a bank sale, they may not allow an inspection.

Talk with other local investors and property managers to get a true sense of what the vacancy rate is

This doesn't exactly hold true for commercial properties, since you can force appreciation.

I'm okay with that also.....Be careful on your assessment of "market rate"... be sure you are comparing true apples to apples.

Is that true, and if it is how is everyone going around it? 

But is it true when he said I cannot deduct this month rent from his deposit, because when I set up a meeting with him at the end of last month - means I agree him to move-out without paying penalties?

I wrote a BP blog discussing all the true costs of a flip and how to build your own calculator, but I don't think I'm allowed to post here (it would be viewed as self-promotion). 

Is that true and why?