I think the Short term rentals in Sedona have driven up the long term rental market in Cottonwood.

Now those for the material can be very thorough.  

The doors are solid wood with brass door knobs.

I have driven by every house in my market going to sale, performed title review and attended the sale each week for 2 years.

Tearing down a property usually requires a permit and inspection for dangerous materials (lead, asbestos) and could increase costs of demo.You might see who is going to take the property, if it's a local bank you might pick up the note by assuming it, (they would just make a new loan for the amount owed and do a sale between you and the neighbor).

You buy raw materials (junky houses and building materials).

. $25 each - materials and labor.

So you have to clarify whether you're referring to secondary market (Fannie/Freddie) loans or portfolio loans.And if you have a track record, you can certainly put together some materials and pitch private lending to family, friends, and professional acquaintances.

My only expenses for 2012 are all my closing costs, and a small amount of materials I purchased to fix a couple things on the property, plus I had to pay back the previous owner 6 months in property tax because they pre paid it for this year.

I made about $60k on my home sale, and did not have to pay anything against that gain since the sale was driven by a relocation for out of state employment.Now if you sold to move elsewhere and LOOK for a job, I think that'd be different.