Everyone we know who owns a condo (none of them live in our complex) is so busy with their career/investments/problems they see their association as crap they don't want to think about, I pay my dues leave me alone.We have a few neighbors on the board, and that is good.

Someone that wants to rehab may be looking for more of a 1.5% to 2% rent ratio due to more upfront rehabbing costs.As is so often the case with real estate, the answer is "It Depends."

All of the appliances are new and match, but the counters/backslash are bland and the craftsmanship is so-so on the countertop tiles (the grout is uneven and some of the edge tiles are layed unevenly.

He is so happy selling retail, he has no desire to rehab/invest anylonger.You have the world before you , go get it.Don

Gives a nice strong look and the tenants always love it.Yes, that's exactly what it is. So

Make sure you scour the forums and blogs, because there is so much information right here for free.

SFR are not working for me either because the property tax burden is so high that its impossible to break even, never mind cash flow.

If there is no mortgage/note recorded and nothing signed by her that can be recorded (i.e. is a legal mortgage doc), then I don't see how they could have gotten it to foreclosure proceedings in the first place.JanThere is so much unsaid here but I'm getting the feeling that there probably was a Note signed by the wife but the bank can't produce it as it, like so many others, were bundled, lost and no one knows where the ORIGINAL NOTE is which shows her signature, so the bank can't legally foreclose.

Every investors situation is so unique, that I think each one has to start with their priority (ie., I want $300+ in cash flow) and then look at those properties that come on the radar to see if they fit your other reqs:- upside appreciation?

The likelihood of the bank calling the note due because of how it is titled is so small, it makes sense to go ahead and do it.