I also try to buy as much property with high LTV's of which the majority are owner financed properties.

The majority of people are decent people.

90,000k Duplex 2/1 & 1/1 in need of major renovations on a 9500 sq ft. lot.

Look for the major Private Equity/REIT players to announce BIG Residential REO take downs over the next few months.

You have power of attorney and limited power of attorney.They shouldn't need to give you either in this situation.All you need is an "Authorization to Release Information" form signed by them with your contact info on it and then YOU fax it in to the appropriate department.

You can see the majority of my flipped properties at: http://www.wealth-steps.com/flip-that-house.htmlHowever I found that platform not very user friendly to post pictures or for visitors to leave comments so I am trying Blogger now.

After confirming that there were no major structural issues I proceeded with the deal.

You will need the full cooperation of the police department and eventually the residents as you work to rid the area of one of the main factors bringing it down: crime.

Or do you charge a monthly maintenance fee which is all inclusive aside from major repairs like boilers, roofs, etc.

Will just plan on living in each house 2 years if I do plan on selling.Plan on doing a major remodel of the existing rental, new siding , windows, add bathroom etc then split lot and build a new house along side.It looks like it is possible to do all this with owner occ money and save on gains too.Considering my depreciation is about gone and never was much anyway, finding a way to start a new basis would be helpful.