Exposure to the weatherization and the problems that have already been through will create an opportunity for excessive mold growth.

Today rents are pushing $950 and value is in excess of $1m. 

I try to get people to send me any excess HELOC funds, but it hasn't happened so farbut seriouslyWe use our HELOC to purchase and renovate, then pay it off on a flip or refinance after reno for a hold.

Just paying it down with excess cash from our w-2 incomes and should be to zero in 3-4 years.

Why not make them equity participants, and "repay" them by distributing the excess cash flow to them?

I contribute a lot to my 401k and HSA, but I still have some money saved in excess.

well you can find about 50 of them on turnkey reviews.. then vette them.. inventory is getting harder to find in most areas.. markets have rebounded.. and the expectation of massive cash flow is not what it was when everyone was buying in 2011.. and thinking that is the norm or how it will always be.I funded a bunch of turn keys for instance in Orlando in excess of 200 of them.Not only Is the big real estate wholesaling firm NO more.. but the turn key operator is now building new construction and doing commercial.. no need to sell to investors when homeowners will buy them and they can make 30k a door and not get accused of making too much money LOL...

We have an option on one of the properties I mentioned above.. that is all the land there is in Banks currently .. its about 4 parcels but the lot yeild is in excess of 500 new lots or homes.. of which I hope to do 160 of those bad boys !!!

There is an upcoming Florida county foreclosure auction that has the following Mortgage/Lien holders:09/04/2012 1st / Trust Deed/Mortgage $145,000  JPMorgan Chase BK Conventional / 20Y ears 06/1/2016 Assignment Specialized LN Servicing LLC 08/11/2005 2nd / Trust Deed/Mortgage $250,000 Bank ofAmerica Conventional Var / 09/04/2012 Subordination JPMorgan Chase BKIf the foreclosure is filed based on JP Morgan Chase for $143,000, and the successful bidder gets it for lets say $200,000 does he still need to pay off the second mortgage (250K - 55K excess over first mortgage) $195,000.  

I mention to wall painting, no cabinet painting, no smoking on the property, the maximum number of overnight guests I allow, and that no tenant or guest should disturb other tenants with excess noise or the quality or frequency of their guests.