This was more than I had originally estimated, but still provided decent cash flow with a 20 year fixed rate mortgage.

Then another 2 to 4 weeks to "fix up" while it's getting COLD outside means we are in the middle to late part of November at the earliest before the new owner can even hope to START getting tenants in there.

I recently heard a podcast of a gentleman in Alabama who is buying tax liens, fixing up the properties to livable condition and renting out the properties. 

She looked like a model (early 40's) but was mentally unstable.I think her Google review of me is still on my business page and it has the image of a German Shepherd lunging.

I need some input about leveraging my free and clear properties in California for rental properties and fix and flips.

The definition of “bad deal” here would relate more to the opportunity cost of such investment compared to other investments (financial markets), than a real financial loss for the investor (i.e. ending up with less cash than originally invested).Let’s now modify a bit our assumptions by including some inflation in our model (say 2%, in line with historical average).

IF you have any other questions please feel free to ask.Just FYI if you loan someone 80% ARV  of the money for a fix and flip then you make sure the deal says......you get your original money paid back first and at least 50% of the profit made. most will do 80 % from what I have seen. 

If the seller has knowledge there was/is water in the basement, whether it's fixed or not, they need to disclose. 

Have a main stock line - sewage - leaking in my property, need a plumber that can inspect it w snake / video and fix it without breaking walls. 

Under contract for a SFR in East Nashville for fix and flip...