Like with anything else in life, you just have to vet the individual.

Additional expenses include: $600 yearly insurance, $30 HOA, and $100 monthly management fees.

Sometimes you will see a listed price and then after talking with the sellers broker to see why they are selling you find out the seller might look at a substantial price drop due to timing or life circumstances.In that case it's not the market but the sellers life circumstances that might dictate a below market sale.What price point is this?

make the payments, keep the insurance enforced, take care of the property, only do wraps or subject to's short term while you sell or refin and use a 3rd-party escrow company for payments.  

I'm looking for any book that may of changed you life and helped lead to Financial freedom!

Save for 7-8 months and get my 20% down of 10k on it and go to a bank which isn't my favorite option or maybe since I was reading on here that life insurance company's have a very low interest rate and like to invest in multi family buildings that would be another good option.

Her answer again stunned me, she cannot buy a house she wants because she has no credit, she never owed any one any money her whole life.

Anyway, I would ask the companies to back up their numbers with real-life examples (on paper and real numbers).  

If you talk to her and say, "You know, I think it's probably worth $175K after it's all fixed up, I think it will take me $60K with with all the known and unknown work, plus 6 months of my own time (@$4k/mo), interest on the loan, insurance, permits, etc etc, so subtracting that from the final value, I can offer about $50-60K." 

Stuff just got real.First thing I did was insured it.Then I hunted and found someone to do the title work.