They do no repairs, but leave such a margin that if you're a decent flipper you'll be able to make a healthy profit.

Also unlike cities in the Mon Valley, the city of Jeannette is completely surrounded by areas with a healthy tax base and pretty decent school districts.

A property in Cleveland that one can buy for $500 doesn't come with a cost of anywhere near $500 to get it to a point where it is habitable and able to produce rental income.

Pit bulls were created by breeding bulldogs and terriers together to produce a dog that combined was used in blood sports.  

Second, I like David but he's not as entertaining as Josh was.BP Business Podcast will be right up my alley if they produce the same level of value as the standard podcast does for a new(er) investor.

i am new to the forum but watch bigger pocket you tube since 2 years.I have 5 properties, all single family homes, Houston area, 4 occupied (only 1 has a mortgage,80%), 1 i occupy myself (mortgage80%)I am a real estate agent, single mom, running a small business that produces very good income of what i save about 60%.

So you’re buying an asset that doesn’t produce a lot of tax liability in a vehicle that protects against the taxes it doesn’t produce- and none of the liquidity can be accessed until retirement without a penalty.I’m a bigger fan of note investing inside your retirement plan, and leaving the real estate outside of it.

It only looks at if the property will produce enough rents to cover the PITI mortgage payment.

If you are prepared for the costs involved and the modifications needed to the property to make the basement unit conform, the pay off of creating an extra rent producing unit is huge. 

I am currently renting out 3/2's between $1000 - $1200 mo. in Winter Haven, however I would caution it depends on 2 factors 1. location 2. condition of the property I say that because in many of the areas in Polk county you can find pockets of excellent rental areas next to some questionable neighborhoods. 33884 puts you closer to the LegoLand area, which has recently gone up in value quite a bit, I would say a 4/2 would produce good cash-flow.I cannot say I have ventured into the rent-to-own arena, but I know of some very successful investors in this area who do this type of investing mostly with mobile homes, and they are doing real well.