Get knocked down and get back up the perks of being an entrepreneur!

Ask them for Red Tagged houses because you want to work with property owners to bring the buildings back up to code.. it's worked for me in the past but each dept is different..

Contributing that extra $400 a month to savings it'd take him over 4 years to build back up to $20k.

I just wanted to get a back up comp, per se, to see what was in the area that might clue me in where my offer lay.

I had my backup offer approved for a property listed on hubzu on 11/12.  

What you don't want to do is re-rent it, change the locks, sell the property without checking, simply in the event they show back up.

In addition all sellers would constantly seek backup offers on every contract.Quick story:  I FSBO'd my first residence in 2008 and eventually landed a contract.  

It's what you find out when your actually responsible for the ownership and operations of a business that they find it's a 24 / 7 job. and if they don't have the coverage or backup when needed they find the business isn't as easy as just sitting back and getting a rent check.Another question is " CAN you RUN a Business " do you have a business plan.

It is hard to give someone the cold shoulder, but the next tenant who pays rent on time and does not give you trouble will warm it back up again.

I think that buying Sub 2 with little or no equity is not stupid if you have a plan and back up plan.