I would use a Realtor with experience with that market and lender, your opinion of thier lack of skills is based on what?

The management style, or lack thereof, by the previous owner is why I got the building at the price that I paid, but this is not the point.When my attorney filed, the clerk took one look at the name on the paperwork and smirked – this name shows up in eviction papers every other month…I knew that she is a pro from day one.

Whoever the local permitting agency is may have plans.

Should I just be honest and say that I got their name from a listing agency that shows owners that don't occupy the homes??

Is this something that can be handed off to a collection agency and hope that getting anything is better than nothing?

If you find homes that are 1300-1700 sq. ft, you should be very close, but when you find a 2500 sq. ft home, that average price per sq. ft will be too high for the 2500 model as the bigger youngest, the price per sq. ft drops (quantity discount for lack of a better term) and vice versa if the property was only 1000 sq. ft.

Then the attorney charges a hefty legal fee to the 501c3 and the attorney pays our company a consulting fee.He takes care of the details for us, but that's the way I explain it to Realtors, investors and homeowners.Again, my apologies for the lack of transparency.

As Ned points out you have limitations, finances and education, the lack of one means you need more of the other.Another limitation is your market, if you have a small inventory of possible rehab properties, you're limited in the number you can do.

The old owner is still fully responsible for the mortgage debt and the new owner has an inferior interest in the property, so all the repairs they are making can end up being lost money if the bank forecloses, which is within their rights for lack of payment.

We even got a new regulatory agency out of it all!