Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

So here in Cleveland, OH there is a many a bank owned home which - in addition to be a complete gut job - also have wet basements and/or cracks in the foundation when looking at the basement walls.When I look at homes with those sorts of issues, I can't help but wonder who buys them?  

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Commercial is a much harder nut to crack in the beginning and you do a lot of leasing etc.. but once you have made it in that game your future commission income potential and reality is HUGE.. 500 to over 1 million a year in commission income is very doable and you get in on many deals you would never get in on otherwise.. 

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

@Jil Tin I mean midwestern states, Wisconsin, Michigan, Indiana, Ohio, etc.  

I’m not sure that it will be a huge market collapse but there are a few cracks in the foundation of this hot market.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.