We could have gone with a 203k instead of your client’s offer, but chose the cash for obvious reasons as timing is critical to my clients and they are counting on the closing this Thursday, June 18th.It’s a shame your folks do not have a contractor relationship who understands how to create a quality product, while ensuring an investor gains a healthy return on their investment.

Thanks,Mitch Hi Mitch - there is no waiting period if financing into their portfolio product.  

Essentially they are buying properties in bad areas for $10k, rehabbing them for another $10k while installing a tenant, and then doubling their investment.If you're looking at properties in Franklin county (Where Columbus is) I would visit there and go through the areas you're looking at.

And if a tenant knows you'll be stopping by a couple times a year, they probably wouldn't want to set up shop in the home in the first place.You should also be aware that in TX on the Seller's Disclosure form, there is a place to check if you are aware of the premises being previously used for meth production.

I have very simple but extremely "it all depends" kind of questions, but if I provide these following details perhaps the answers can be black and white and not so grey.Ok so I'm a starting investor and my essential goal is to own ten 4-unit buildings (40 units total), and cash flow $10,000 a month, clean income after all expenses.

Sellers get the most out of their ads when they convey to the consumer how the product can add value to their lives, as opposed to showing the value of the product itself.

I don't like repeating myself, folks can do a little searching and reading on topics they are interested in.Not many RE companies act like Verizon or AT&T.Funny, my son started another business, his phone had a directory;1 for customer service2 for shipping3 for accounting4 accounts payable5 production tracking 6 EmergenciesAll those numbers just went to he or his wife at first.....LOLNow, those departments are there and staffed. 

Can I use this money as a down payment for a conventional product/hard money skin in the game?

But heck, even if you don't like the final product, your only out a few bucks and you can still lay the plank vinyl. 

There are also FHA products for multiunit buildings.