Exo,All excellent questions.I find it hard to believe that the larger house will not receive higher comps, and if it does, you will have more value when you sell it due to the increased sq. footage.

You'd need a hard money lender or private lender which terms will be short and not attractive for holding.

From what I am aware of the best way to increase your cash quickly would be by wholesaling properties.

Some issues will directly affect the quality of prospective tenant you will attract, some will impact long term maintenance costs.

So you will either have to increase rent to about $500 per month or lower the price down, or get a better interest rate or get a 30 year or 40 year mortgage.....And finally your last problem, which might be your toughest hurdle (as i had this problem) Unless you are in good with your banker you will be hard pressed to find anyone to give you funding for such a low amount

After all, the man is still paying rent and you want to replace the carpet to attract a new tenant.Fair is fair.

Bryan,Where can I advertise or how can I attract foreign buyers for NW Florida beach properties?

.- 3,1 - 986 sq ft - Built in 1940 - Rougher Side of Houston, but NOT a warzone, in fact this street is more of an elderly neighborhood, This house is close to MANY of Houston's attractions (downtown, reliant stadium, minute maid park, the Toyota center, Texas medical center, museum district, and about 4 Universities)After my due diligence we came up with the following numbers.- ARV = $82,500 (which was conservative, recent comps for smaller houses came back slightly higher)- Repairs needed = Around $10,000 for rental - (Needs central air, some rotten board on the outside, some doors/sheetrock repair, and painting)We wanted to try to start out with a $10,000 assignment fee to split between us and work our way down depending on what they would take as an offer.

My theory in short (abstract from my blog) is this:With a devalued dollar, China and India needing more energy to address their industrial growth, supply and demand ratio increasing on a daily basis - the amount we pump out of the ground is inversely proportional to the demand in the world, a subsidized price that we were paying in the past in the USA (around 90s and early 2000) and Inflation.

It is becoming increasingly more difficult to make $ investing in RE utilizing creative strategies.