Here are my approximate numbers.Class c+/b- in conroe / houston texasHe owns FREE AND CLEARArv 105,000He casually WANTS 70 to 80kLets just say repairs are 10kSo a by the book offer of 70% arv less rehab would be 63,500What kind of offer would you give if they where willing to owner finance?

I have a credible off market lead for an B- / C+ class apartment building in San Leandro (near the hospital) that fits my investing profile.

Im not very interested in living in a duplex in B / C / D neighborhood in the heart of LA.

Also plans to attend a few of the REI meetups in Dallas... that will be a challenge b/c I'm a bit on the reserved side.Thinking the first flip project will likely be a partnership with a buddy from Dayton that flips four or five houses a year.  

But who knows what's going to happen.I do need a place to stuff this money, so I either keep looking for class C properties instead, or pay off one of my other rentals for now.

Neal C. 

He gave a brief synopsis of the complaint (she wanted to pay rent into an escrow account b/c the bank had begun foreclosing on him plus she wanted out of the lease so she could move in with her boyfriend), and he gave me sage advice:"Trust me.

The crash I am referring to is documented in this video, if people want to know what I am talking about.

https://www.dropbox.com/s/p1pvvk1ihgglqh2/037.MOV?...Please feel free to respond with questions, or comments about the property.

Video games have been a fun hobby since I was old enough to grasp the Pong controller but I suppose I've reached a point in life where I'm looking for something more and considering the future of our family.