A majority of my marketing efforts revolve around distressed property.  

Compliance with this new rule requires major systems and operational changes.

I've been developing cell towers for the major wireless carriers for a number of years and I was just curious to see how many BP members there were with leases on their properties? 

It's so easy to jack up everything with a major project.

I'm currently going to the University of Central Florida in the early works of majoring in finance.

I agree with Adam on all points…you can save a lot of money doing it yourself, but you can only do one thing at a time, and you will miss other opportunities while you are working “in” your job.It is possible to do a little of both.You act as the GC, and sub out the major repairs, while being in the building working on little things and overseeing the project.  

Saturation is a huge issue there, in my opinion, since the boom a few years ago and that affects vacancy rates and exit strategy (there have been posts about just those on here).However, with all of that said, Memphis is better to invest in than the majority of US cities.

I am planning to hire a contractor for major areas of repair using the 203K loan.

Students must live in campus approved housing for freshman and sophomore years, and junior and senior students with scholarships are also required to do so, however juniors and seniors without scholarships tell me they are anxious to live "off campus"Since apartment is one block from university, students can walk to campus, saving them parking permit fees.Additional income could be had by putting in coin laundry, soda/snack machines, and renting out storage units in basement as well as garage space.I have a friend that currently is the maintenance man for the entire university, and he is questioning students as to how much rent they are paying to live off campus currently.OPTIONS:  Rent furnished apartments to 4 students per two bedroom and two in basement unitRent furnished apartments to 4 students per two bedroom and create common area in basement for study/recreationRent all units unfurnishedOption to raise rents by including all furnishings, cable, wifi, cleaning service etc. with them simply paying rent and electric.FINANCINGtax value (not market value) 105,000Taxes $2,200 with no exemptionsProperty currently has a 30K mortgage left of a 55k loan previously taken out to "give first child his half"Owner, due to age is most interested in payments, and leaving remainder to 2nd child for "her half" Owner has expressed the following offer :30K to pay off current mortgage, and 250K to purchase an annuity that would pay $10K/year for his and his daughters lifetime.In its present state, I question whether the property is able to be financed FHA due to condition, though it is a solid building, the maintenance has been deferred.comps on property are practically non existent.MY SITUATION:I have perfect credit, and am about to flip a seasoned home with no mortgage and expect to clear approx. 70K.I am single, steady long term employment, and have no debt.I have a realtors license in inactive status, and have hands on experience with major property improvements.I am a "Dave Ramsey" girl, and debt makes me quiver...  :-)Note: Property is currently in a Life Estate Rev.

It's has parts that has houses near the millions and also houses in a brutal neighborhood for near millions. also, Bronx is the place majority of low income family reside due to government assistant.