Based on the numbers you provided, an all-in cost (acquisition of $50k plus rehab of $22k) is $72k which is 58% of the ARV (the low end you stated) which makes for an extremely good deal if the numbers are what you stated.I would also add that $22k for the work you mentioned seems low to me unless you are working with very low end items.

Maybe having rentals on the MLS is more common where your property is.Leasing is hard work if it's done right - property advertised, references checked and a background report with credit and criminal history should be run.

Any foreclosure defense attorney will do most of what they are referring to in defense for a borrower.

Does tenant pay for it all including hvac and capx or are those two items + anything else "major", the landlords responsibility?

"This" seems to refer to the closing costs that get lumped into the loan.

On Windows XP or Linux and Firefox 3.6 use the Copy Image Location entry.On Windows XP and Internet Explorer 7.0 use the Properties menu item, then copy and paste the "Address: (URL" property.

Instead of referring Sheka to some course, how about explaining how she might do a deal like this and make some money?

Instead, I suggest you Google some term like "buying real estate in the US" and that should help you find answers to your questions.I am also not allowed to refer you to expert advisors, but if you Google the subject you should find one or more.

I'm referring to a property that doesn't require major renovations but you get for a great price.

2)Can somebody refer me or know a title company investor friendly and a real estate attorney that used to deal with investor , PM me if you have one.Thanks everybody for the help