Do you think the deal you bought was basically market?

No matter where, when, or what, each will require a good cleaning, and basic maintenance check.

I hope this basic explanation of business organization has encouraged you to seek out an attorney to help with your business planning.

I wouldn't want that kind of enforcement targeting my buildings regardless of my personal feelings on the matter.Now, given the scenario as you described it... it's after the fact, and the only downside is principle and a few hundred bucks that you have no other reason not to return. 

You would basically be suing yourself and costing yourself additional expenses.Why not take a proactive approach and see if you can line up some contractors who can provide quotes?

Basically there are 2 types of investors that come into this neighborhood- people who renovate and flip properties and people who tear down and build new homes.

Jim,  Thanks for your comments/questions.My plan is basically very simple, to just double the number of doors each year.  

But if the same real-estate principles are adopted, one could achieve close to the fabled 3-digit return?

In my previous thread I asked about getting around fha owner occupancy requirements with traditional funding but the best anyone could come up with was basically taking out a private/hard money loan.I have a property that I can buy for 71k and needs 15k in rehab costs. 

Is there a way I can do this on my own, for mainly just basic research in the beginning to be able to cross out the ones that are not financially wise at the time?