(Even if your form has a space to list one, it’s not something that’s legally required.)It sounds like you’d also like to increase rent.

It's possible to turn a profit if you buy a distressed property and "flip" it to yourself.I bought a 3 bedroom, 1.5 bath with garage conversion as extra living space. 

We'll hunker down with space heaters and blankets until I can afford it." 

@Shea DavidsonWhy not just lend it vs buying a partial.You can have it secured by an asset and it’s mailbox money vs buying a partial and having to read the fine print of what happens if the note goes non - performingWhat types of returns are you looking for ?

paying recapture is the most NON talked about event on BP or in real estate.. and why when folks talk about buying for only cash flow and appreciation IE speculation or gambling those folks totally miss the point and do not have a full picture of the Lifecyle of a real estate investment.. if you have NO appreciation your recapture tax is going to eat into your IRR in a negative manner.and for a lot of folks to 1031 one little house with 20k coming out of it is hard to do.. since the house never went up.. the other thing is people that say they are buy and hold forever.. this rarely happens.. life happens life changes.. and so 7 to 10 years down the track MOST folks unless they have decided to make it their lifes work IE be a full time professional landlord.. they sell .and then that pesky recapture they never knew about or thought about bites them .. :) 

I don't work in the rental rehab space, only flips.Personally I like to do accent walls, wainscoting, crown/trim work, accent tile, functioning kitchen spaces, wine racks, wine fridges, etc...For a rental I would probably avoid all of this and go with basic, clean and sturdy over fancy and nice looking. 

I have a non-performing note on a house in Flint and the owner will be signing a DIL.

This will attract better tenants and rents I would not want non tenants on the property renting storage units.

Also very interested in networking with anyone (attorneys, CPAs, agents, brokers, property managers, investors) to begin laying down some professional roots in the RE space :)

It's non stop building here.