Naturally, it will depend on your credit score, LTV, employment history and status.

I have a call into the bank about the loan papers he signed stating that he cannot damage the property but since they don't own it anymore they will not do anything I'm sure.So worst case for me is I spend $50k and end up with a newly remodeled home the way I wanted it and still have 100 equity in it.So if you refuse the certified letters, you can legally vandalize the home as much as you want after the court house step sale and then leave and nothing can be done to you.I knew I was buying as it and because I was nice and knocked on the door and few days after I saw they had a moving van and left a nice letter cash for keys was my mistake.

I will naturally either build this into the rent or, if possible, pass it along as a cost (and benefit) to the renter.

Another tenant calls the utility to report the smell of natural gas.

Put in your offer, "earnest money to be provided by certified funds within 72 hours of lender approval" or some such.

From our example if either spouse does not notify the other spouse of their income amount, as well as nature of the income they are penalized with claiming the entire 100% of the income.

Certainly not a situation of a plural nature.

I know that's a very broad question but I'm curious to know which strategies you have found to be most profitable.I am naturally leaning towards fix and flips because of my numerous contacts with contractors that I know are reliable.

Since I already have standardized contracts and forms from my lawyer, the only expense I accrue in setting up a L/O Sandwich (no "t" in sandwich by the way) is the marketing to advertise Rent to Own and paying a certified property inspector to do a once over on the house.

I'll bet, and call me cynical, but I'll bet even a certified saint has a tipping point.