In my market, they asses a 25-35k at a value of 70-75k, in an effort to drive up the tax base to pay their nice fat pensions.

If you really like the place, it could give you a nice equity position later on, but its not going to make you wealthy.Strictly as an investment, it appears to be more trouble than its worth.

We already have a fund set up to take money from accredited investors and would like to organize marketing materials for a diverse set of potential investors.

It would be located in California, and i found a nice duplex for around $350K.

It's nice to see our industry represented and you're very deservant of some love.

Thanks for the good points, though, to everybody else, it is always nice to see other's perspectives on this topic.

As far as a sales price I am sure it would sell dor fifty to fifty five.It is nice to see another Montana boy as well.Travis

If its any longer than that I tell them to have a nice day.But, after qualifying the ones that can close within two (2) weeks, what other qualifying should I use to make sure they're legit?

Original price was 79000, but realtor called me same night to say seller would take 69000.House is in a nice area and good school district.

It is nice to know that people care enough to get rid of the shadow dude-n-dolla...