Your questions have to do with the REAL cost of owning such properties, as opposed to buyingM Read

They just completed exterior paint, and have a contractor lined up to put on a new roof.

As opposed to my good friend Stephani who I think ROCKS!!

Hi Joe,If you are referring to BPO's on short sale investing (buy and resell immediately or buy and hold) as opposed to making offers on short sales in your local MLS, then here is what you do:Make sure you are the only person that the bank has for a contact for the BPO.

But if the city is opposed to doing what you want to do, wouldn't you rather know that before you buy?

I'm a carpenter by trade currently working as a superintendent and also run a small construction company myself doing exterior home renovations.

it seems to me that it's talking about lenders that have foreclosed and abandoned properties that don't need to have held the property for 90 days as opposed to an investor like myself who would do a double close to an FHA buyer.

During this time they are not paying rent.As opposed to Milwaukee County, the landlord and tenant simply goes to a commissioner, who usually simply asks the tenant, did you pay the rent?

Lots of people will tell you to do a land contract because you can get the property reassessed as a primary residence but the temporary savings of $1,000.00 will evaporate as soon as you have to do a foreclosure as opposed to an eviction.

You may want to start with just removing the interior trim to see if you can get away without removing the exterior trim.