He or she should know how to do many things and can save some money on repairs and turnover. 

That way you can calculate what you need for ongoing expenses and repairs, but not have to keep it in cash reserve all the time.

Milwaukee will look cheap to you, but my recommendation is to stay away from low income and high crime areas and invest in areas with better school districts, especially if you are investing for someone else, you want to make sure you are buying a quality asset that will perform well past year one.See you around!

Quality of service and fees vary pretty greatly - from pure document mills/marketing firms to quality advisory support that is really necessary with such plans.

The formal work bid that comes from him will need to show an itemized break down of the total cost of repair between labor and materials. 

It is enough to keep the property in a state of good repair, but probably not enough to upgrade the property to the next level (and raise rents), if there is a market for that.

Sellers often prefer Conventional to FHA loans since there are fewer quality requirements to sell to the buyer (aka you)Go get 'em!

Looking for some info as far as deal quality and things to watch out for.Price: 149,900Units: 12More info:9 lots occupied. 8 of which are park owned.3 vacant lots and room to add 4 more.Ad claims 42,000 a year in gross income currently (with the 9 occupied units).I believe that makes rent/fees income equal to $500/month per unit.Wondering what sort of stuff to be wary of when reading ads like this.

There has to be room for closing costs, carrying costs, repairs, profit for the flipper, and your wholesale fee.

Homes in both subdivisions were built by different but similar quality builders.