I thought I could start off in the east subs, but quickly was brought to reality due to my all in budget, so now I’m looking in Detroit, but struggling to find a house that makes sense.

The HUD inspector warned me that ALL property on the premise could be forced to be brought up to snuff if the FHA appraiser/inspector declares it.

The tenant’s nuisance did not just end at riding treadmill during odd hours.He parked at undesignated areas several times,he brought in guests not in lease for extended months,above all he formed silos with my other tenants that adversely impacted my business relationships with them causing me lot of distress and vacancies.

We are not planning on participating at this time due to other priorities but thought I would provide some information about our experiences:Many/most of the normal properties get brought current prior to auction. 

I brought this to the seller but they don't believe it's accurate and stated that independent appraisals are often low and that the property would likely appraise at a higher price if under contract.

I wonder if i have to change my strategy in this market and buy it in cash, i thought HML. you brought up a good point, if its not considered cash, then yes, my lender would not delay finance it.

The remodel brought great value to the home, and met all of our expectations to flip or keep this investment.

Last year, it brought 36K in gross rent.

There is a requirement to provide mitigation for any fill brought into the Special Flood Hazard Area (SFHA).

Then brought into an OOS syndication as it really mitigated my risks, put the book knowledge to work and allowed me to learn, while earning.