Now that is one big pool of liars and cheats.

-Sunny

Maybe you could pool together funds from a group of people to offer a certain percentage of return?

Anytime you manage or pool money for other people, it is a "security" and requires registration documentation to the SEC.The 1933 Securities Act has some exemptions called Safe Harbors.

And 2nd did the renter pool go up? 

There would be less than 10 investors that I would be pooling their money together.

Someone should start a pool for how cheap and when.

That month was when the first big rainstorm came through and we had water pooling up in our 3rd bedroom, where the floor damage was when we purchased.

Leaving an extremely small pool of buyers.

I was planning to offer $35,000 - $37,000 in hopes of getting it for about 40. 1 bedroom 1 bathroom 512 sq ftThis is a non-warrantable property because the complex owns a majority if the units.I spoke with the complex manager and their identical units are not rennovated, (nor is this one) and are renting for $850.It's in an apartment complex with a fitness center, laundry facilities, pool and clubhouse.What do you think of this investment?