I am a sales professional that wants to learn something new, fun, and challenging....and make alot of money doing it.

What were the biggest threats to the project’s success that you encountered and how did you overcome these?

The biggest mistake on rehabs (besides not comping correctly) is to under estimate the rehab work, even on light, cosmetic stuff.

Well, if you don't have much experience, and you're looking for an investment where your biggest time investment is in "the initial research, due-diligence required, etc," then I would suggest finding an experienced and successful investor who needs capital, and partner with him/her.

That can be a challenge if you don't know people in the area or the people you know haven't hired any contractors.Get multiple bids on the work.

It's certainly been a challenge!

The challenge here is that the properties are not being condemned for better and higher use.

Alabama is the biggest municipal BK and Scranton, PA just put all employees on minimum wage because they can't make payroll.

The biggest plus I've seen is that FHA loans are *assumable* - not a big deal with 4% money, but in the future it could be huge.

I saw that an the timeline there is a jump of 5 hours on best time, ]see my example image here jusdt recored.I used IE8-9 and Firefox 12 all the same, biggest difference was 10 hours.