Even if tenants screw them up - you just pick up some more & replace them - very easy maintenance....PS - Are they glued down or tacked down - I figured the tacks are probably easier??

Its really easy to jump into a deal, then figure out you've made a really bad deal.

In fact, if you establish a track record of easy to deal with, word is your bond, fast, good pay, etc., etc. they may come to you with their REOs.Large banks - forgettaboutit.Ps - I bought 3 REOs (at separate times over the period of a year or so)from a local bank that is about 5 years old with 6 or so branches.

If the deal is marginal or worse a $5K credit will never be enough.I would a notice about the disclosure issues and otherwise make it easy for any future buyer to know there is a defect.

I guess I'm just saying to take it easy here.

Thats an easy one.

It is also incredibly easy to set up.

I like the idea of having a checklist with you while doing a walkthrough as it is very easy to get carried away and miss things that could be obvious.here's another idea: bring a friend/partner, 2 is better than 1 in my opinion.

easy...pay the delinquent tax amount.

I just looked through the comps on a pair of properties I have under contract, and the concessions average about 4%.Don't fall into "flip this house" math.