hi dan, i thought about the process long and hard, figured out my costs, purchased a property and THEN bought my first book. i pride myself on having "Common sense" and maybe that's why it worked out (knock on wood) for me. but i'd not recommend this process to the average joe.that's why i find these books boring for the most part. cause i have done the things they say. i love BP because i read things/ideas that i have not heard before.but anyway, back to your question...I live in and love Livonia. low taxes, everyone wants to be here and right in the middle of everything.just the recent high prices are killing me...nothing under 80k anymore. over the last week, everything is kissing 100k...no way. at that rate, i'd not make much positive cash flow each month, so i dont even look at them.you gotta tell me how the wholesale works. maybe that's one thing i did not read in the books.thanks for the warm welcome from all, btw.

I would recommend you check out:http://benefits.va.gov/homeloans/purchaseco_eligib...http://www.benefits.va.gov/WARMS/docs/admin26/pamp...http://www.benefits.va.gov/HOMELOANS/documents/cir...http://www.zumption.com/Resource-Center/

If your tenant can't sleep at night because that bedroom is too warm, your tenant will move out.Tenants in my area do ask about heating bills, so weatherization helps me fill vacancies.

If it is a flip, then it depends upon costs.Keep an extra couple of boxes of tile when the floors go in, same die lot, and absolutely no reason floor shouldn't last for 25 years +.This means no carpet problems, no damaged hard wood floors, normally no pet problems, none of the headaches associated with the other floor types.If a tenant wants a warm floor, they can throw down a throw rug and take it with them when they leave.Only flooring that makes sense for the long-term landlord.

Before the Canadiens, it was the Europeans buying FL condos-lack of knowledge, euro strength, comparison price to france/spain warm areas and ease of travel.

He wants to take on the purchase and renovation of it, and he is a rookie and isn't well capitalized, so doesn't make me feel warm and fuzzy.

I'd probably go with a warm neutral color like mocha or tan.

Maybe he was jogging in place while waiting for the water to warm.

Thank you all SO much for the warm welcome and resources.

@Cindy Carriger Thank you for the warm welcome!