This guy is awesome and great individual.

I've received rough estimates from contractors for roughly 80,000-100,000 per 3x3 on container build, not including cost of land.As a lender and as an individual with experience, what are your thoughts?

Ideally you would get all the recent sales and current listings in the area when trying to determine the value.If you can't estimate the rehab costs yourself then getting a contractor is about your only option.

I had to later evict the people.Currently my only income come from a room mate.But here I am, i want to get involved. i want to really get involved and make income in real estate now.Right now my ideals areDuplexes, fourplexes, simple homes that are nice. things like that. that is my ideal. and of course whole selling.

This individual has rehabbed over 20 houses in the past 2 years along with extensive experience in BPOs.

this sounds ideal for small patches and quick fixes but not ideal for larger projects.

I am simply looking to build relationships with like-minded individuals in Springfield, Misssouri and the surrounding areas.

Month-month leaseEach unit is individually metered and tenant pays utilities except for the following:Electricity for section 8 tenant only (2,100/yr)Water + Sewage for entire house (1900/yr)Property Taxes: 7,808Insurance: 1,500 per yearSummary: (annual basis)Rental Income: $37,260Operating Expenses: $13,308 (35.7%)NOI: $23,952Mortgage 30 yr @ 5%: $10,307Net Income: $13,645 $4548/UnitThe following expenses were receieved from the owner.

Individuals generally don't convey by SWD unless some matter is excepted out in that deed.If it's just a SWD without listed exceptions sounds too like the attorney is venturing off to where he thinks he's simply protecting his client.

The security instruments allow no recourse against the individual account holders or the balances of your IRA/401(k) funds.