Before i go in and try to take control of the property, should i do an assement, title search, etc.

I would love to try to control it if there is a possibility of making money.

I'm sure there are areas south of San Jose and north of SF (like Santa Rosa) that are in need of comm. dev.Here in Phoenix, all the people that moved way outside of the city to get the biggest home they could afford are now looking at long commutes and horrible traffic (since the freeway system wasn't even ready for the growth).

You can buy the 2rd but still not have control of the property or be able to buy out the first morgage with enough equity to make a profit.

I'm interested in turn key properties and not fixer uppers (painting and carpet is fine, and minor repairs I can deal with) no major fixes though.My goal would be to acquire control of properties and rent these properties and produce an income after my expenses.This would be the price area:$50,000 per home single fam. residential 2-3 Bed bungalo, rent for $700-850/month.

I get paid for what I'm worth, and I control my path to greatness..

Scott,The issue is not fear, the issue is control.

Report them to the city--what ever your animal control agency is.

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The spotter is both able to be compensated based on the deal going forward (skin in the game) while at the same time the investor has control of the negotiations and the deal mechanics.Note that user English case law (used in 49 states) there is the principal that is something walks like a duck, talks like a duck it is a duck.