By the time the 90's rolled around, things did improve but there were still so many builders that did shoddy work.

I think to clarify, in North Carolina, when buying tax sale properties, the previous owner has a one year period during which they can challenge the foreclosure process by arguing they weren’t properly notified during the foreclosure process.

Hey everyone,I'm trying to get things working for buying my first rental property, and one of my challenges is that I am an out of country investor, which means that the cash that I have for my first deal isn't physically in the states, and it's not in dollars.

Would a lease option saying I just cover the property taxes and property improvements for him work?

@David Santore - I shoot for replacement value (just the improvements, not the land).

What I could see making MF worthwhile is value add, where you increase total rents by a significant percent (due to improvements you make), thereby greatly increasing the value of the property.

The best part - you can apply it to whatever you wish to improve on (Faith, Family, Job, etc).

I eventually want to improve/add value and develop real estate as I gain more experience and connections in the industry.

@Roberto Gutierrez  yup half street improvements leading to nowhere .. been there hate that.Portland is in the 40 to 50k range and so are a few of the cities.. out lying cities can be as low as 15k.

Good question, I have challenges getting to the weekday meetings, as I am normally traveling Mon-Thursday.