They aren't going to take your word for it and most likely will believe you are PUFFING the numbers.Quoting retail rehab prices versus what it will actually cost you to do the repairs.In Marc's scenario that is very different getting paid in 6 months versus 7 years.If you can get to price and terms in an informal way then go to the expense of making it formal and legal in writing.

This is how to talk to a retail seller / representative.

They say strategic defaulters typically have higher FICO scores, lower revolving balances, fewer instances of exceeding the limits on credit cards and lower overall retail credit card usage.So much for being a good financial steward.

When we had massive inflation in the 1970's, people who owned real estate got rich.

This prevents most retail buyers from picking up the houses, and keeps the asking price of REO's very low.

I see a great opportunity over the next several years with the recent announcement of a 1,000,000 sq ft distribution center planned by a major online retailer.

A person such as this usually can give you a much better design at only a slightly higher cost if any at all than a 'big box retailer'.

Do you all know of any retailers in the DFW area with a nice selection of shutters?

Most of the retail places will have similar pricing...you'll want to find a contractor who is accustomed to working with investors.

So, even though it may not be the ideal rental ( just because I paid retail for it ) I still think it makes since to keep it.