If this is a poor idea, let me have it!

"Interestingly, a couple of weeks ago, prior to putting an offer on a house, I had said to my agent: I'm old and not in great health.

Properies in these areas are very difficult to cash flow, the economy is poor, and regardless of what the seller/ presenter has told you, all the go zone "benefits" may or may not benefit YOU.

It was a good point as well.Either way, I think the majority here has agreed that giving cash for keys is NOT the way to go, unless you want to be the nice (and poor) landlord that Harrison eluded to.

There will be some of course who either have no choice, or poor timing, but it will be much more limited.

.), combined with an overall sagging real estate market (albeit less so in my area), may mean that now is a poor time to get into this biz.

The only one bath houses I've ever bought I had a plan to add at leasat a 1/2 bath before I ever signed an offer.We never had kids, and even when we were pretty poor we NEVER considered a one bath house.all cash

They paid 40K for it, have not touched it, and said that it is in poor repair inside.

Are you afraid someone will sue you because of a poor repair job and will be able to access the other properties you are rehabbing at the time?

They've always paid on time and he has a strong employment history, but his credit is very poor due a divorce.