My question is, when I present the contract to the seller do I make the purchase price of the property the amount that the seller wants 5k, or the total amount with the 19k in taxes plus the estimated rehab amount plus my fee added to the amount the seller asks for?

The roof is totally gone now and the second floor is exposed to the elements.

He probably has a few connections he trusts... and he should be able to vouch for you as a customer (yearly work, total scope, pay on time, etc).Of course that also tells him you're looking past him for when he kicks the can so you'll have to figure out how to phrase that...

My scale could be totally inappropriate for your area.)

Totally serious, as the small community of families I raised children with here in CA now has 3 young adults in Austin. 70K for safe, entry level housing is enticing to CA and NYC parents, trust me (I've been both).

We closed on a 4 bedroom, 2.5 bathroom, 1,648 square foot house built in 1999, with a one acre lot for $104,395.08 total cash in an area with good schools on May 25.

Its 2 bed 1 bath each side. 1,400 sf total.

Immediate eviction means you WILL move out and the locks WILL be changed so you better get out.It is hard to get across degrees of this, but there is a fine line between enforcing the contract legally and Landlord action that essentially takes away Tenants legal rights...If this is approach is totally legal, I may start my own guru course in "How to Throw Out Your Problem Tenants Without the Fuss and Expense of Gonig to Court."

Basically, I am attacking all recurring expenses possible without totally turning off tenants.

On a total return basis, which is really how you should start looking at the project, you are doing pretty well.