I like to keep them, or trade up.Those that do offer financing and take a warm body with a down payment have high default rates.

A house from 2000 is still 12 years old.Many items can start going bad soon.If you have a house that is much newer say 2008 then you might have awhile before things go out.You have to inspect the property no matter the age.I have seen some builders go under that just threw up the houses and even though they are newer have a ton of issues.So I make no assumptions when investing and conduct the due diligence on all properties under consideration.I am also amazed that vacancies are not calculated.That is one of your biggest expenses.I would go further and say to estimate the first month or two the property you buy is vacant while trying to screen for the right tenant.You will save by being strict to locate the right tenant for the property rather than being lax in some parts of your screening process to fill the property up.Of course even if you do your best to qualify people's job,health,family situation,etc. changes and you have to get them out.It's part of the landlord business.If you have a 2000 built house and it has 4 years left on the 16 year roof then you know in year 4 to have that cost allocated for repair.If you don't do that you will show higher profit to a buyer when you sell but you will get a lower offer as they now have to fix the deferred maintenance plus you will have tenant turnover from giving the perception you never fix anything as a landlord but are quick to take the rent check.

I like the fact that all the bedroom are upstairs but to do this, the builder made the master the same size as all the other bedrooms.

As a builder I always wonder what their building codes are compared to ours.

The body aches and the fever rising.

They did have lots of bites all over their bodies.

Most we do as owner/builders as spec.

(some builders dont own or operate levels and squares and know how to use them.)

I am attending a Fortune Builders event this weekend and they are selling their BMS program for $15k to 30k....I'm curious if there are any investors out there that are using Fortune Builders or other BMS system in their real estate business....I am just getting started out, but am looking to build a REI business over the next 2 years.

Under state and federal law, upon any event of withdrawl of a trustee an alternet trustee is appointed usually under the trust or by the regulatory body governing the trustee's actions or the court.