If this was in a major metro in AZ, I'd say to PM me, but I'd go with who you've got or maybe contact American Life Financial (notsohardmoney.com) and see if they are a play.

OK, this is one thing we do in our target area, just outside the 'Burgh.A number of properties in our target area have old tiled tub/showers and the same three-handle water supply control systems with behind-the-wall valves they had when they were first built in the late 1940s, during the second major housing boom of the city's history.

I rented a property a couple months ago and the majority of applicants were looking for 3 bedroom homes.

.- In no way am I calling into question the business model of TK companies, but have all of the major systems been upgraded?

What are some of the major rehab costs you've run into while flipping or rehabbing distressed properties? 

I use 10% until I have the property inspected to determine the current condition and life expectancy of all major components and appliances.  

A MAJOR reason why most real estate investors fail is the inability to evaluate the numbers correctly and determine if a potential property is a good deal.

Auction.com auctions off Both as a trustee in “court house steps” foreclosure auctions And for reo’s already owned by a bank which is the majority of their listings.As for reo’s, you are typically getting “clear” title but do Not use their title co., the title insurance isn’t really free as they jack up other fees.  

But it's a fact that the market at the macro-level has a major correction about every 20 years or so.

The mortgage would cost you almost twice rents, then factor in vacancy/repair/capex reserves and you are majorly negative cash flow assuming you are financing with a typical down payment.