This is another option you can check besides Raleigh/Charlotte.Mohammad ParwezNC Realtor

If it is a viable option, any idea of the rough costs involved?

Another option is to fill the space with RVs.

@Jonathan GreeneI agree - I like to offer an alternative option which can be negative and I get plenty of private messages of me being mean, out for people etc.As an example, I am Sorry, but my opinion is if you get 100% financing I think it is ultra high risk especially for someone new to real estate.

*Read some forums on this page (thanks, y'all are pretty awesome)*Done a bunch of "driving for dollars" (I have a side business inspecting houses that makes this easy/free to do), did the cold calling/research to get to the owners to get to the point of making a few offers.

I am about to summit an offer on a rehab property with a squatter living in it.

You have the option to put less money down and thereby leverage the banks money if you choose. 3.

Here’s a recent real world example. . .This deal was put together by my former student, current friend, and now successful real estate investor.Source: expired listingLocation: investor, Florida; property, IllinoisType: long term lease option via a sandwich leaseTerms between investor and homeowner:a) 48 monthsb) option to purchase price $135Kc) rent, $1200d) cash out of pocket, $0.

Does this mean that even if the tenant gets their own renters insurance its still not an option?

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