Please let me know what you think about this deal the area is being revamp and its 2 blocks from main street and the beach.

@Will Pritchett I plan on doing mainly buy and hold but if I can find a flip or two in-between I would like to try that as well, I will definitely contact you if I have any questions thank you very much!    

I deal in debt mainly and some of my foreign investors choose to do portfolio interest notes.. and with tax treaties they can pay no income tax in the US on gains here.. that's pretty nice.. complicated but its out there if you want to spend the time and effort to figure it out.

The Main issue is having enough captial to purchase and rehab (due diligiance from title and the physical property itself is required). 

Its mainly to get a criminal background and eviction record.

Unless you have a crap ton of properties its fairly easy to just update the numbers once a month by logging in to your banks website and copying over the new principle balance figure. my excel simply shows property address my estimated value, the debt amount and calculates total equity. 

Skip Trace is a term that originated from debt collectors and private/public investigators.

Question is the other two roommates have suggested that they will clean her room ( mainly because she wants the room).

I have around an 800 credit score and not too much debt.

You will either make money or lose money, rarely do you break even so consider if $250 per month is worth the debt of 1/2 million.