That's a fair point that most people wouldn't be doing checks into my financial standing if they want to find a reason to go to court.I definitely have been enticed towards those lower cost units but am trying to find a sweet spot of safe, up and coming neighborhoods where the costs are still reasonable.

Let’s connect soon, thank you for being super sweet 😃

All this gets wrapped into their mortgage so the typical large initial investment is eliminated and they get a sweet tax credit. 

My son who is a wine rep is one, he drives from Mount Vernon to Oak Harbor nearly every day and has a bunch of neighbors in MV who do it every single day.Keynes said markets can stay irrational longer than you can stay solvent so buying for appreciation, even in Seattle might work but that's more risk than I'm willing to take; I need cash flow with a margin of safety... in a good employment market.

Sweet!

The house, if done right, would probably come in around 125 to 135k which is right in my sweet spot for properties - although I don't typically consider houses that need so much rehab.

Sweet

-What if (heaven forbid) my awesome sweet neighbor passes away before the note is completely paid off?

I agree that was a short and sweet break down.Kenneth, this is the reason why individuals that use their own cash can offer up to 80% ARV, and still make 10%-12% profit per flip.

Look to that target market to serve.Jean, the scavenger service might be picking up beer cans and wine bottles, then sorting aluminum and glass!