The catch to this is that once your bid is in, if it is the highest bid for that property, you then essentially own it; free and clear of any mortgages because the county wants to take these default-tax properties off of their hands.

I'm taking that net amount and essentially splitting it like 60/40 with him to amotrize the bldgs.

H,If Fannie or Freddie Receive a full BPO offer the chance of them not accepting it is essentially zero.

For the 3 years I was in the house, I received about $40k in rent  and essentially paid about $400/mo to live in the house when I was getting about $1250/mo in BAH. 

Personally, I will want to repair any safety issues.

So there is inflation...dental is doubling, but to be honest my dental coverage may have changed, I haven't looked closely...but healthcare is essentially same coverage as last year.

The final regs officially defined a "Unit of Property" (UOP) which essentially intends to make it harder to classify expenses as repairs and rather classify expenses as capital improvements, of which the cost must be depreciated rather than fully deducted in the year incurred.

Keep in mind that the mortgage insurance is essentially built into the interest rate, which is why it might look a bit higher.

Right now CoC matters most to me as well since I'm young, I figure cashflow will essentially increase the compounding affect, and get me to where I want to be faster.I'm glad I moved then!

How are flippers getting renovation plans, structure engineering drawings quickly to submit to planning and building and safety so they can obtain a permit.The county of LA has a extensive list of requirements to get a permit.