I'm a new member who is so passionate about the real estate industry.

Obviously it grows more quickly in warmer conditions, but mold damage can get costly to remove and isn't always covered in insurance policies as Mold/Fungus is a standard exclusion in the industry.

@Gary Freidman all good points above.The only "good" thing I see about this opportunity is it was built in 1958 not 1900 like most or our duplexe's here are.Other than that, I would highly suggest you pass [for now] and stick with solid SFH 3/1-up projects until you get a better feel of the city.I've mentioned before, that I had several of these at one point and yes, they are VERY sexy on paper until reality hits about 3-6 months after you buy it and realize that the vacancy is very high, it's been vandalized 3 times and the tenants you did final get to move in ended up doing $5k in damage in just 6 weeks before you had to evict them [true story].I work with a lot of investors like yourself that jump in early into a project like this that end up getting burned and it leaves our industry with a black eye.I hope that helps.Feel free to PM with any specific questions that I may assist you with.

This strikes me as a town that has artificially low real estate prices due to government capture by the casino industry.

I have over 12yrs experience in the fitness industry and can help most anyone looking to better their health, diets, workouts, etc.

True wholesalers do not need BP market place. they simply sell to the turn key guys in the markets they are in, or to rehabbers.what you have is a bunch of newbie types that learn on the open forum side then default to market place to try to sell things, so your not getting the true players in the industry in the market place by and large..

Hey everybody, My name is Matt and I am completely new to the real estate industry looking to learn as much as I can.

Coming from the Midwest, we had been hoping to find an old industrial building or warehouse ideally on a waterway, for easy conversion (5000+ sf base area, 20+ ft height or multiple floors, drive-up/drive-in access), but are clearly very late to the party.

Now after five years of working in the aerospace industry I am looking to pursue real estate investing once more.

Lexington is just a great market and Georgetown has a lot of industry including Toyota and a bunch of factories that make parts for toyota kinda setting Georgetown apart from other bedroom communities.