Finally, this can be time consuming but if you plan to keep working in this market with these types of properties, it may be worth it to reach out to people who have shown interest but didn’t follow through.

As a result assets will continue to appreciate.Using someone else's money allows you to leverage and buy assets NOW that will continuously go up in value, as well as increase a cash on cash return for yourself over time.

Bump to follow this also.....looking for a Houston area bank or portfolio lender that can help me close a deal and handle some cash out refis.

Syndications are different in that they take cash out of the deal before fulfillment.  

Is Capital contributed by just cash contribution or by services (like managing property) contributed?

If the deal is still worth pursuing even if he doesn't fix it, then close.Get a contractor out there and see what the cost is.

It depends on the type of stain but it may be worth getting an estimate to see if it could work in your situation. 

Purchase price: $110,000 Cash invested: $1,369Acquired this deal from another agent, off-market.

You're basically giving them all they need to deny a claim.Not worth it in the long run.

It is attractive due to its affordability, providing high rental yields and better cash flow potential.