So these guys had the last laugh and made a fortune.We've all head the story of Bill Gates getting the contract to make DOS for IBM because the guys who were making the alternative wouldn't come to the door when IBM came knocking.

Newbies come and go in the rental business and they can be a GREAT source of desperate sellers.Having said that, I wouldn't close the door on any sources of good deals.

I am not sure I understand what he is trying to do, or if he has a good handle on what he may be getting into.

Poor guys showed up in the morning--opened the door and :eyes: Thankfully, they were able to shut it before becoming breakfast.

Then a closet door "just fell off", and you spend another $125 rehanging and repainting it.

(no broken windows, functioning bathrooms/kitchens, etc).The type of loan that you would need for this kind property would be more commercially oriented.

I feel very guilty in doing so, my dad would have had a heart attack, but while this kid is taking care of the little things like the above, I can concentrate on the more important stuff, like building a new front porch and finishing the bathroom rehab.

So Sunrocket up and closed its doors yesterday without warning to customers what-so-ever.

I have had deals that got me in the door without discussiong the 70% rule but more what was going on their lives and how I may have an answer.

Well you could attend a local REI Club and offer your services for going door to door with flyers or doorhangers.