Most of the time folks in that situation don't want to have to deal with the emotional pain of going through and selling itemsIf you are going to wholesale, make sure you have a good understanding of the 65% ARV and 70% MOA formula to allow your profit and profit for your potential investorRemember, their motivation is probably not money at this point, but is having to deal with the loss of a loved one and they need someone to be empathetic to their situation and help them through it.  

Most my rentals are single family homes, which makes them super easy to sell (at least right now)Here are the numbers on what was my fifth rental.Bought to for about $88,000Put about $15,000 of work into itHad it rented to the same tenant for three years at $1,200 a month (that was low at the end) The tenant was always late and a pain, but he always got caught back up and paid late feesAfter the tenant moved out we painted the exterior and that was it.

Turned out to be a pain but we dug out a few more inches of gravel and turned it into yard with a flower bed around the house.

Daisy chains are such a pain.

I had just hoped that someone would know some legal maneuvering, where we could put a mechanics lien against his property or similar Michaela:I agree with you an HOA would be a painful money-pit.  

I don't know the ins and outs in IN, but in NJ its a pain if a structure is dubbed a 'historical landmark'.  

Often short term pain (like reduced cash flow) will pay off in the long term, as you pay off 30 properties within a couple years, but you don't see the benefits until 20 years from now.

The live auctions here are a pain in the ***.

I haven't gotten them to underwrite at a lower interest rate though, and that has been one of my biggest pain points with them. 

Real Estate wasn't the only thing flashing warning signals, the build up of garbage debt from securitized subprime crap had been a slow train coming.