Purchase price: $68,000 Cash invested: $5,000 Sale price: $99,000 4 Unit quad in Medina NYRenters were tough and management company's locations are too far for a regular check up.Had a renter pass away and then DCS came in and the house was condemned due to farm animals in the upstairs unit where the person passed.We were too far to keep tabs on this investment so we sold the home.

People make plenty of money building house that have no idea how to build a house. 

Just saw an article in Housing Wire today on HomeTap.

It is a 3 bed 1 bath located in Dallas, Wi. 2900 square feet, built in 1920, 1 car garage, and a beat down shed in back.The house definitely needs some love to up the value of home, but I have the knowledge to do 90% of the work myself for this flip. 

You understand there is a housing shortage today.  

I was thinking I would be able to save on rehab or at least pay myself a modest profit for overseeing the rehab and or any work I chose to do in house. 

I found an off market 4 pack of houses that seem to be in great shape.

The total deal is $645k.Here is the deal:Here's the deal:I have 2 houses/properties I want to buy:Here's the idea--These properties are back to back.

Housing shortage - which in some part is driving the valuations higher in the order of millions of homes short of demand in the country.So, in short, the deck is really stacked against you at the moment.  

Estimates are way way over $100k in repairs and they claim in the appraisals that you can do a roof, paint, flooring, new ac, pool replacement plus pump and plumbing, 100' fence, new kitchen, remodel 2 baths and all new flooring as well as re plumb the house in a 2200sf house for.... $45k!