Realizing that the property is zoned for commercial, there is potential for future development.

Probably previous buyers didn't realize the liens until they get to their due diligence period then they freaked and backed out.Now my question is, is it unusual for FNMA to sit on an offer and just ignore it?

I did try my own site for a while before this one but I finally realized how long it was taking me to do what someone else could do in like 1/100th of the time.I recommend searching website themes/templates, or just general websites, and find formats/looks you like.

But realize you're earning the difference through your labor as the property manager.If you have $60K to invest, I'd hold $10K as cash reserves.

Turnover is expensive and would very quickly offset more than would be realized through any rent increase.

And, what is your purpose, you do realize that buying a note isn't buying the property and amounts over the UPB may not be going to you?

I love to challenge people to get them to see their own potential and I love to see that potential realized and see them reap the rewards.

Perhaps that's high given the high rent places you have.Do realize the 50% number include property management.

I live in Lamesa and started to look for a home for myself and have come to realize that in my area they are getting top dollar for outdated property.

It sounds like some people realized that it might not be in the citizen's best interest to use their own money to prop up the cost of their largest expense.