Hello all, I have found a foreclosed on SFH that needs some love right near my current residence the current list price is $7,500 but I would bet it could be bought for less.

Your best bet is to walk away and move on to the next property. 

If so, betting on long term appreciation without cash flow is speculation.

Your best bet would be to hire a property manager to look after properties.

but your best bet is to fully educate yourself.

Your best bet for counting the income against your wages is to use the 25,000 landlord exemption https://loopholelewy.com/looph....

@Justin GonzalezYour best bet is to join the local REI clubs and find a mentor there.

Hence, we both came to the conclusion that speaking to a lender may be the best bet for clarity here.  

But this is where you've hedged your bet's by buying a starter home, preferably in a linear market (one without a lot of downward or upward swings), under the cost of construction.It's pointed out often in the BP forums, there's an under supply of homes under 200k, this is undeniable. 

As ridiculous as most of the guys on here would say that archaic strategy is I’d be willing to bet he could buy and sell most of those guys on here that are saying that !