September home sales down 3.8% and Apartment and Industry investors stocks rise.This is another incentive for SFH's to maximize cash flow and not count on appreciation as your payday.

Most banks will not exercise this right if the payments are made current and continue to be paid on time.

For example, I find a duplex for 200k that needs 20k of work to get rented and operating.  

Never put your personal likes or needs in the way of efficiently operating your business.

We look forward to continuing our journey to serving a bigger purpose!!!

You are saying that $200 net of operating and morgage costs is what you run into a lot?

If you can find yourself a Realtor that specializes in this type of inventory you'll have more than enough options to choose from & theoretically experience a more professional closing as the Realtor would be using all of the state required forms, licensed title companies & proper deeds etc.....Now all of the above aside no matter how you come across the property whether it be Realtor, Turnkey Operator, Wholesaler or FSBO whenever you are buying a property out of state you should do a few things to ensure the experience is as smooth as possible.

Instead of looking at the "equity" (which only makes sense if the market continues to rise and doesn't drop) look at the fees/monthly payments and how comfortable you are with paying that amount (even if wholesaling business slows or your house is suddenly no longer worth the mortgage you have on it). 

The reason why we are looking at Amherst right now is that my partner has two already (in 14226) that he is doing really well with so we are looking to continue with the formula that is working for him. 

The most important thing to look at is the historical operation of the property, then factor in the expense ratios or nearby properties, consider the differed maintenance, age of building, class of building and other operational expenses you may add or subtract to optimize NOI