My house is hitting the centennial mark this year (Woodland Heights).

(I’ll take the hit to my credit score for a couple years)Ideas to Improve Cash FlowI see these as non starters as they are going to increase my out of pocket expenses.· Adding a studio in the attic, below average chance of getting a variance from the town, and it will increase expenses.· Adding a 3rd bedroom to the 2 bedroom unit, again need town approval and will increase expenses Lost rent during work, construction cost, but would generate about $300 more a month in rent.· What about short sale?

Often REO listing agents are simply too busy to answer their phone or respond to email and if they do they may simply refer you to another agent to make the offer.Once you have some experience under your belt you may be able to get on an REO Broker's call list and you can hear about and be ready to make offers before some listings even hit the market.I hope that helps.

Jon, happy to clarify...so far my plan looks like this:Looking to start by picking up a small multi-family, in order to spread expenditure costs and vacancy hits as opposed to the single-family approach.

@ Corey I think you hit it on the head with on the other one I will see you at the next COREE meeting I will be looking for you!

Everything from replacing an electrical faceplate, to fixing a hole in the wall?

You're going to get hit with a bunch of emails from the BP guys that are full of great articles, posts, books, and other resources.

There are lots of other things that might be factored in.Is there any common areas that you will have an electric bill?

Craigslist is hit or miss; as you will get bombarded with tire kickers or other new wholesalers that will waste time.

If affirmative, I would use electric pipe wrap to keep the drain pipe from freezing until you can get in there & at least insulate the area, or redirect the drain pipe.