If the market trends and current rent situation for the comps do not support those two options, then you might want to reconsider if you are buying it right in the first place.

This assumes that the property can support the 10% and still yield a "decent" return (i.e. 10%).

I started looking in Bealeton for buy and hold deals but since we are close to DC, the prices are too high to support that type of investing.

@Nate M. as much as ethically possible as determined by the market. :-)Seriously.

As an "ethical bribe", I mean additional incentive to meet, you will be treated to Chicago's famous Giordano's deep dish pizza...on my dime.The objectives of this meetup is for real estate wholesalers and rehabbers who are members of this awesome BP community to...1.

Make sure you find people that are honest and ethical to follow and learn from.

I would be very surprised if a debt that originated in 1979 could legally support a judgment issued in 2011.

I have been doing a lot of reading here and also received some priceless support and teachings from a friend in NC.

Wow, thank you for all the support guys.

I appreciate the support.