In this scenario, what sort of money should I expect to be spending on the property itself?

sorry TC, was more curiousity than anything else. just looking to see what someone else considers a borderline neighborhood, in streets that i know so to speak.as i said, after working in an off neighborhood and spending my young life near one, blue collar is fine with me, no collar is not.

I do plan on spending some time in the location that I do buy.Most of you guys say to buy closer to home.

so just cause he has extended so much effort and his 5% wages have been in the mix since last september, he told them to go pound sand, and saxon seemed all to comfortable with the idea of foreclosing on the house.

That's just keeping yourself busy..spend that time knocking on the doors of homeowners in foreclosure.

A lot of the problems with the current housing meltdown came about by people who, like politicians thought they could "spend themselves rich".Without knowing any of your specific numbers let me throw out some to try to approximate where you are.

Well we extended to closing another 2 weeks today.

I spend days pulling 3 prongs outlets and installing 2 prongs on rehabs.

Know what you want done in detail and how much you’d like to spend.

Another way to spend the $10,000 is on interior upgrades, eg.