I will definitely be screening each applicant throughly.

They are a great source for vetted contractors and repairmen because they go through the actions of finding who's good and who's bad so you don't have to. 

Since the previous contract fell through, the sellers were particularly motivated to move quickly and we were able to use the inspection reports/information from the previous potential buyers to inform our decisions.

This is  still needing to go through the sensate but you can see its progress at the link belowStatus of the Bill In Congress and FULL TEXT : http://www.congress.gov/bill/119th-congress/house-bill/1/textH.R.1 - One Big Beautiful Bill Act 119th Congress (2025-2026)Subtitle B Part 1 (Sec. 111001) - This section extends bonus depreciation for qualified property acquired and placed into service after January 19, 2025, and before January 1, 2030 (and before January 1, 2031, for some types of property with longer production periods).

Muardost NYC/NYS transactions are after an inspection has been completed @M Edouard - it should be stated (or not) on the first couple of pages of the contract. 

Now I have to go through the process of getting the sale unwound which includes dealing with the guy who won the bid.

Hi everyone, I posted this in starting out since I don't think I'm really up to that "next level" yet, but this isn't my first deal.

Quote from @Jaycee Greene: 🤝 Some of the best real estate investors don’t just flip homes or build portfolios, they re-build communities and lives.🛠️ They take abandoned homes and turn them into safe places for families🌱 They bring life back to neighborhoods that others wrote off 📚 They create spaces for small businesses, nonprofits, and neighborhood services.They’re not just chasing cap rates—they’re using their development skills to give back, one property at a time.As a former Director of Lending at a CDFI, I exclusively financed the acquisition and rehab of 2-4 MF and small apartment buildings that overlooked by local banks and credit unions.Nearly all my clients had 1 of 3 things in common (many had all 3) that motivated them to complete their redevelopment project, they either:1️⃣Grew up in the area,2️⃣Still attend church nearby, and/or3️⃣Have a family member that still lives in the neighborhoodAnd here’s the thing:↩️These impact-minded investors still make a solid return, often with Equity Multiples over 3.0x.

As one analyst put it: housing may not cause the next recession, but it's likely where we'll see it first.

I also get leads through the paid part.