My goals are to flip houses in the Seattle area and in the Fort Myers, FL area - and to gradually invest in rental properties in both locations.I just started out last month, and so far have purchased a great rambler on a beautiful lot close to the water in Edmonds - currently being rehabbed.I hope to make contact with others in this business to share experiences, ideas, and opportunities.Thank you!

Like putting in water supplies, sewer, and electric.

No, can't deed you lot out, I've dealt with all kinds of water fronts, never heard of a buydown, must be local slang, it's an easement.

This happened to me and they got three months of a house for free ---they finally abandoned the house due to not paying their water and electric For months so the utility companies turned everything off- so a free house with no water heat or electricity wasn't too appealing--get rid of your tenant or she will be there forever--

It's also the name of a river and most importantly to me, it's my home, now.Mattaponi is surrounded by water that looks different every time I cross it or go near it: water that has the most soothing effect.

Water has a lot of "heat capacity" so melting snow and ice with resistive electricity can be power intensive.It would be very expensive to operate.Heated driveways are for rich people.

Thus you'd need to find opportunities where promoters are willing to take the heightened risks and costs associated with raising money from accredited investors.Many test-the-waters campaigns are really designed to solicit interest from the broadest possible audience and weed out the non-accredited investors in favor of a 506(c) raise because of the way the gov-mint is designing the rules.

I'd start with a few:Droopy ceiling fan blades - Excessive moisture trapped in ceiling and attic, possible mold spread inside, plumbing problem, roof leak, soggy studs, possible damage to electrical wiring.Cracks on the ceiling - Possible foundation problem, roof leak, or storm and hail damage to roof.Soft spot or dip on the floor on 2nd level - Workmanship on flooring cover, water damage to wood underneath, renovations done from down stairs ceiling created damage.House extension not built on slab or same foundation as the house - Difference in foundation and level.

New water heaters are in both, before I moved tenants in.I love the opinions and information.Keep them coming.

Duplex 2bd 1b upstairs 1bd 1 b down 1000 month total rent 53,900 seller pays closing20% downMonthly................ vacancy 80 capex 100 insurance 35 P&I 272.80 repairs 50 water 35 PM 100 tax 75 New roof in 2011 Separate utilities new water heaters and furnace 2011 aluminum siding no gargage cash flow 252.20 11.69 cap rate opinions??