If HUD has a problem with the practice, they should take it up with the buyer, not the listing agent.

I was reading in a book that there is always a good time to find value by improving a property and buying under market value.

But it certainly improves your prospects over a high school diploma.Another twist to college is grades.

I put my money into rehab and improvements instead of a down payment.

Even if we did it wouldn't be practical.

I think it is a wonderful idea, as the properties are being improved it not only helps the town look good, everyone's values should creep up and therefore the cities and counties will ultimately receive more in property taxes.

If it's an investment property & you want to make it really interesting....separate the land & home @ the time of purchase.Own the land in another entity (or by your kids)now you lease it back....you get the depreciation of the 'improvement' (home) & you get to take the land lease deduction, esp worth it if the land is a significant $ value as per the assessor.Around here we found land values can be high because of the larger tracts of land.

Hi James Vermillion, none whatsoever.Im looking for single family residential properties. other than the area i want to focus in, i know practically close to zero.i feel i m starting out in the right place after reading the posts all over BP forums.

I would fix or improve something and ask for her imput in order to show her the value of you as a landlord.

It's not until legislative restrictions and practical limits come into play that we realize some things are just plain next to impossible to do.