Only you can figure that out based on your resources and comfort level.There is a landmark building on the square of Springfield 8 stories (I think) that was a department store when I was a kid that went on the block.

Lets say i bumped into someone at the grocery store and just happened to let him know i was interested in some real estate, is it ok to cut out the middle man out being property has been on market for about 8mths listed as needs to sell.

I didn't see a single item listed that would NEED to be done in a rental.

If you live within your means and stay out of the electronics stores, you can really take advantage of the opportunities to save while in the military.

It has four apartments upstairs and a 4000 sq ft store front. it has not been updated in over 20 yrs. that's right up my ally and i really enjoy that building. here is the statsAsking price $85000Electrical update to code, bid for $23000 owner says she would pay $10000Apartments would take around $10000 each to updateNeed a new roof and furnace in 5-10 yearscurrent rents with new tenant will be around $2400 all updated could bring around $3000.Water, electricity, gas run about $600/mId love to get it at $60000 and plan to update apartments as tenants move out with a goal of being fully renovated in 5 years.

Their is this property that has been on the market for a couple of months, the price is $86,000. its a 2 unit house and a store front.

Even though taxes are one of the easiest DD items to find out(online search with the county Assessor)there are many other inconsistencies that can pop up during the DD period.

Most of that additional 4-pages contains items that a) our insurer insists we make clear to the tenant or b) the Rentalsman has decided are behaviours that, while most would consider common sense, we should not expect to occur to the tenant without explicit instruction {like, don't turn the heat off in the middle of winter when you go home for Xmas vacation}.

I have a short sale offer where the listing broker is insisting on the me the buyer to sign an addendum before he would present my offer to the buyer.Usually I have seen seller's attorney dictating some verbage on a counter.In some cases I have seen the listing broker add in an clause, typically when a short sale negotiation fee is required.But this broker is asking for a whole new page to be added into the contract containing many items.

Just wasn't sure if I should include my monthly management as part of the equation or as a separate line item.