Get with a Contractor and a Real Estate agent that you can trust. get the contractor to bid on the rehab in order for you to understand what it takes for that property to come up to actual value, get comps from the real estate agent to understand what the property is worth, make an offer based on those numbers and move the property to an investor.

Just be straight, direct, honest.No one cares if you were driving down the street.. in fact.. actually.. they DO.

do people actually do this?

It is at a point where I need some actual experience.

We actually have plans to put together our own property management team.

Reading it changed my mind set about working and creating wealth, but didn't give me many tips on how to actually accomplish those goals.

The tenant will then sign the estoppel to attest to its content.This is by far the best way to find out if there are any discrepancies in the information provided by the vendor (like the monthly rent being paid by one tenant is actually $100/month less that what is written into the lease, because he's the owners son and he vacuums the corridors and sweeps/shovels the walks).You can do the same thing with any service providers (i.e. snow removal or garbage service).

Hello Fellow BP-ians,does the banks always go with 75 ot 80% of the purchase price on contract or is there a way to get 75 to 80% of the actual appraised value, even though the contract purchase price is only 75% of actual value?

After restoring it, dealing with Cobb County inspectors, I learned that the building I originally thought was zoned O/I was actually zoned Residential Senior Living.

I actually had this exact debate with myself. basically you're fine now without it.