Code enforcement usually happens when illegal work is happening or if it is causing a safety concern - most always when a citizen calls out the Code Enforcement on something illegal

For example, if you had 70% equity in your investment property, you could get a line of credit against it but leave 30% equity in the home to provide a better safety net.You have to crunch your numbers.

Real estate loans are mode more on the property (collateral) income and your personal credit.

It is with a lady named Robyn Thompson, she is very experienced in flipping homes and other modes of real estate investing.

I look around, I’m aware and I fasten my safety belt.

ThanksHi Shahbaz,We have done hundreds of deals in Toledo over the last 5 years.Most of them built between 1890 - 1920.Some built in 1930 - 1950 with very few in the 1970+.The Midwest offers older type homes and that's pretty much the norm.As long as the rehab is detailed and the mechanics have been re-done you shouldn't have many problems longer term.A great rule of thumb and something that I mention to all investors is to "underestimate your income and overestimate your expenses".That margin of safety calculation should be good enough if any unexpected Capex issues arise in the years to come.Much success

If you are in total acquisition-mode then pull out more and use it to buy the next deal/s.

Not that it doesn’t need repair, but most likely the tenants will realize it before it truly becomes a true safety hazard.

Their whole business model is buying, rehabbing, and selling houses SUPER quick... 

Originally posted by @Jeremy England: I mean if I'm paying 5000 of my own money in it, then netting 450/mo in rents, itll be like a year before i'm in the black.Here's an easy fix: get your mindset into big picture mode.