THEN show the apartment.5 Understand it is virtually impossible to have zero vacancy so adjust your expectations and business model accordinglyYou will have a vacancy period, but vacant is way cheaper in the long run than a bad tenant.

For anyone doing more than a few deals a month, this virtually requires a team of at least one to acquire and one to manage the rehabs.2) Until recently, prospecting has been focused.

3) If we end up doing the REFI and hold, what are the risks of having my father come in as a credit partner to enable to the REFI?

I see many people who would like to remain in the area and a price point of around 40k would enable a young family or a retired couple to maintain a very manageable home in a highly affordable city.

i do both...flipping has enabled me to make way more than i should be at my age...i used that money to purchase rentals and apartment buildings..ironically, i've sold many rentals in the last year, hoping to use that equity to flip and build new in this market...i still hold a few rentals, and will look to pick up more here and there as the opportunities present themselves

@Cody Brownfield  Here is a virtual tour of the house(link below).

I'm considering using a virtual broker due the fees and requirements many of the brick and mortar ones require.

Hi all, this is the first time I've experienced this issue so am hoping that some of you guys may be able to provide some insight or an innovative strategy that can enable me to help the owner of this property out... 

So take those comments with a grain of salt, as well of course she is going to deliver the exact same message she delivers on virtually everyone of her posts.

I'm not big on the various BP "rules", but this sort of house in this sort of neighborhood strikes me as a virtually certain candidate for 50% of gross going to expenses.