Zachary Sexton Assuming you're talking about the Denver ones?

I assume the appraisal is only based on the "official" home.I would be at least moderately concerned that you have space being leased out for habitation purposes that is not on the city and tax assesssor's radar.

You could assume the existing lease if you take title or make a new one if you have a master lease arrangement, you can't lease a property that has already been let to another.

If I assume 8% vacancy and $50 montly cost for fixing poential problems with the property, my spreadsheet shows about $110 month cash flow, which is about 7.6% of return.

Lenders will assume a management expense.As to negotiations, you can certaintly mention mgt as no one works for free.

I am assuming the owner will not comprehend any of this being in 80s, and never having paid any taxes on it (40 years!).

Assuming the loan documents prevent transferring title to my LLC, what should I do?

Im thinking it would cost around 75-80k and would command 800-1000 per month rents.If I buy a sfr im assuming the cost to be 90 -110000. 100 percent financing. with an interest rate around 4%.What are your thoughts?

3) [REMOVED] Tim Randall and Frank Chen > Good info and materials (I would assume a BP competitor, but regardless they have some additional materials BP doesn't have and vice versa)4) [REMOVED]a) Really good interviews in there and Jimmy Goins is a phenomenal wholesaler.

He calls me and says; "I have 123 under contract for 25k" ARV is 100k and it needs 35k in repairs.So taking a quick glance at the numbers we're looking at between 30K to 40K in profit assuming all goes well.