The building I thought would have been a very good project has a neighboring apartment building the current owner has had trouble with for years, namely tenants keep parking on his property and won't stop that even after visits by police, in addition to some vandalism and loitering.

That said, its major flaw is a steep driveway coming off a main street road without on street parking.

A title transfer indicates that the home was lost in foreclosure.The thing here is that once you know this, you will not be able to approach lenders and try to buy these homes directly. 99.9% of these properties are listed with real estate agents and buyers must wait until the bank officially lists the properties.But, if your state has a redemption period, you could contact the foreclosed owner and work with them to redeem the property.

Long story short they tell me I must have 2 parking places.

I have a deal in Orange Park with similar numbers - I just put it under contract today for $66K.

We have a mobile home park in Wichita.

I really like Avondale and East Humbolt Park, however I haven't seen any 10% ConC deals there recently.

With Chase, you can no longer make a cash deposit unless it is to your own bank account so that inconveniences my tenants that pay rent in cash via direct depositI signed up for Chase QuickPay to try out the free serviceIt seems easy enough as all I needed to do was give my tenant an email address and but I am waiting for funds from the first transactionThe tenant (who does not bank with chase) scheduled a payment for the 5th of March and I got an email notification of the payment which I then accepted.The tenant tells me that the funds have been removed from their account today on the 6thI will post another update when I see the funds in my account cuz it's not there yetPS The official chase timeframe verbiage is "The transfer of money will be completed four to five business days after you accept the payment, subject to the processing times of the financial institution from which the sender is sending the money."

I am married with 2 little girls, and I am officially tired of being stuck in the "rate race".

I'm also in the process of trying to find my second deal after purchasing a 3 flat in Irving Park in 2012.