That way, you can get a good idea on how to find profitable investments without putting any money down.

Or you can offer to walk away if they pay you to do so (costs or costs plus a profit).It really does come down to the contact.

A few questions I have in evaluating the profitability of rental property:1) When we're talking about single family homes, how much should I generally assume for maintenance and operating expense?

Network with Local REO Real Estate Agents, Local Real Estate Investment Groups or Clubs, etc. as some of these individuals are your Inside Connections to Access the Info. that you need to Succeed in your Quest for Success as You Invest In Real Estate for Profit (Dollars).

Originally posted by "Wheatie":Basically, this all comes down to how much profit is there in the deal.

After all that is your profit, the difference between your purchase price and your sale price.

I'm gearing up to liquidate those properties and move on to bigger and better things, but just doing my due diligence ahead of time to find out what might be the best option for me to take the profits from that liquidation and 1031 it into something else.

What would be a good offer and/or profit margin for his HUD home?

In this case they will keep all the profits.

Some they lived in, remodled, re-furbished & sold for a profit - then bought another one, then repeated the process.