Hello BP.I've been saving money and finally have some money to start investing.

Finally, as an example, I was able to negotiate a 17k deliquent HOA balance down to 10k payable at closing for a short sale condo. so that was a 40% discount...

The seller would not give up tax return numbers before making an offer (I think I know why now):$73,180 net revenue(10% vacancy)$40,700 expenses$32,480 NOIAfter talking with my commercial banker, showing him the property and numbers, he told me the historical data was showing 9-10% cap rates for the deals he was doing.

I actually enjoy them and I get so many I just hired someone to do the data entry...going back to your ?

I finally learned how to properly evict them and decided now I can put in good tenants that have been screened.What I found out is that good tenants don't want to rent there.

Finally, as the others have said, I would certainly recommend becoming an expert in your local laws.Good Luck,Mike

As well, will I have to show the final buyers my spread?

And every piece of sold data I can get my hands on.

Have it set up so the suspects (oops I meant prospects) leave their email address and possibly a little more data in return for a report.

Finally we will get some of those signs "We buy houses for CASH".