@Ceasar Blackman I wanted to get opinions on what u and I were talking about from BP, So......I wonder if the $725 rent is a realistic number for pine hills...if so...If someone got into this property for 25k, put 10k in it....now your ARV is 35k.The total yearly income for the rent is $8700 based on that rental rate of $725.Now figure a 25% vacancy rate to be safe and you're at $6,525 a year.Minus $1,000 (insurance and tax estimate) ur at $5,525.Now calculate the ROI by taking the yearly income from the investment $5,525, divide by total cost of house $35,000 you get 0.1578571428571429 - move that decimal over 2 spots to convert to % and ur looking at 15.7% ROI.That's a pretty good return, I was told average is 8-10 %.

I ll let u know later how I like it.

As Jon has said on other posts, u never truly own the property.

What if your son or daughter isn't sure what they want to do? Can you afford to spend $100k+ to educate them .... is it worth saddling them (or you) with so much debt that it will take years to pay back? Has college ...

U got my vote..

DO u really need one of those 24 hour 800 numbers too?

@Ned Carey U R Welcome!

DIdnt know it was needed i just figured that if u didnt pay the taxes then the home just eventually goes up for taxes automaticlly.

Then when u take possession have them sign a new lease at your desired price.

No Mike not reallyMost of the houses offer "by owner" are retial flips offer by investor/rehabbers looking for a retail buyer or they are "dummy ads" or shills from wholesalers looking to build a Buyers List.Nothing wrong with that but thats what the Hell it is.As a practical matter I ve considered hiring a real estate assistant or intern to do the looking for meIts kind of like looking for a needle in the haystackI think my time and money i0s better invested in direct mail,but keep in touch and let me know how u doDD