This is a grand opportunity to drive the price down with the seller if you're buying with the right fixit-man skill set -- you're not.If you do this, you're making a major commitment, the kind of thing so far out of a typical hands-off investor's comfort zone that it will take her/him into a danger zone.

We always want to make sure that we are setting them up to succeed.Hope that helps,Chris Pre

I have a meeting with a mortgage broker I bought my primary residence from set for this Wednesday.When my wife and I bought we told her we would want to buy rentals.

Is there a rule of thumb for setting a reserve amount? 

I'm building on listsource and the values can not be set to 0.

It has set empty for months now.

Hi GaryI would set a purchase price based on today’s figures.

If you buy a distressed property (taking a risk of unknown problems, time delays) you will receive more reward.The other issue to consider is no one works for free and the people who set up the turn key want to make money.  

They set their price, and accept an offer.

And I also have a business laywer I'm working with based in Nashville to set it all up properly.