@Joe WardWelcome to the vibrant BP community, where you will find like minded individuals committed to REI and also helping others succeed.Your time on this social media site will be well spent.You have taken the 1st step by announcing your readiness and commitment to embark on a REI career.Whether you pursue, wholesale, rehab & fIip or buy and hold it's up to you to decide.The bottom line is that you must take action to start.

I know that is arguementive depending on the area and condition of the home and buyer's pay for convenience for a property that is set up compared to one that needs TLC.  

But if I could get in to 3 fully rented average condition bldgs for no money down and take over loan amount with $150K equity?

Learn proper application rates for the conditions to eliminate further waste.

: Due to the condition I beleive this would be a job for a very experienced rehabber.

Probably going to meet-ups or leveraging radically powerful social skills will land you an equally adventurous, but inversely experienced investor/mentor.

But I wouldn't make it easy for her, she would have to meet some kind of conditions.

I'd prolly just take out the 2nd one and do another accent tile to match the other one.Quick and easy fix.The tiles are ugly but they look like they are in great condition.

Here's an example of how I'm thinking it should be done:If assumed vacancy is 5% on average at stable operating conditions and expenses are $20,000 per year, then tenant reimbursements should be $20,000 x 95% = $19,000 per year.I haven't seen any example DCF's do it that way though.

The best subject to house is a house that everybody wants in the best school district in the condition is impeccable, they were the better the more warranties the betterExisting financing is very very very important.I am going to say that again, existing financing is very very important.