I invest out of state, and believe I'd be best off if I paid for 100% of my travel on my business credit card.When you have utilities on for a flip, and the house is in a trust, do you put the utilities in your name or the trust's name?

I actually just got home from a pre-approval meeting and realized I may run into a struggle receiving a loan right off the bat. 

She gave me sound advise as to stick with what I just did (marketing probates) and not jump around marketing to NOD's, pre foreclosures, sheriff sales, etc.,..Let me know what happens and good luck...

Let's assume you could make $80k (pre-tax).  

I'd approach your buddy with a 30% down payment and have him owner finance the rest (w/no earlier pre-payment).

Just go straight to foreclosure, if they want to work it out they will come to you, trust me.Pretty much at this point your attorney will handle everything for you and guide you, thats what they get paid for. 

I've got houses I paid 45k for make more a year than that, after accounting for ALL expenses.

OPEX: Do you always utilities are paid by tenants for a property you are analyzing?

You'll have to determine how accurate these numbers are though, and I still don't see any utilities (unless that's billed back 100% or 100% paid by the tenants) or lawn care/snow, unless you don't have to worry about that based on the landscape of the building or built that into the repairs.

BTW, he has not paid a dime in rent or paid any utilities so he is not considered a Tenant.