the only reason it is unwarrantable is because of the fact that due to the recent Fair Housing Act Laws, 51% of the community is supposed to be owner occupant. 

We are purchasing a 240K property in Mckinney, Texas and are supposed to close the deal tmrw August 6th 2015.

I suppose the reality is that there are stories where it works out great with a manger or management co, and there are nightmares where the owner spends tons of $$ going back and forth.  

The plumber went and did what he had to do (supposedly) and left.

If the investors in the audience bid a property well beyond the debt owed, that money is supposed to go back to the homeowner, right? 

@Stephanie Dobbs  I lost a house that was supposed to be a flip, but then the real estate bubble burst. 

I was laid off the day that we were supposed to close escrow.Now, about the deal. 4 unit building listed for $1,250,000 in a great part of San Diego, 100% rented (this is good and bad).

@Joey Noel not too good to be true - the way it's supposed to be.

there are some old houses that are built in the 50s that I suppose would be good flips but only direct marketing would work. 

Second, they had to re-schedule the in-person interview that was supposed to be this morning, to another time because they had to meet with a buyer.They plan on being the biggest wholesaler in my area and I love the ambition, but I just have a weird feeling about it...