What unites all of them is a phenomenal economic growth phase (for midwest standards anyway) and haveing a large body of fresh water just down on the beach.

The Title Company is issuing title insurance and they can't in good faith issue a warranty deed and the insurance without verifying this transfer.

It's a numbers game, though, so expect a 1% call rate, which is around the industry standard.

-- Make sure a picture of the house is in the body of the letter and the top left of the envelope-- Ask if they want to sell their house-- Include your name and business info7)**When you get a response**-- Do a walkthrough inspection-- Find holding costs, rehab costs, insurance, and other fees (is there a never-ending list of fees?)

I hired a insured, licensed, bonded general contractor to remodel the bottom unit of our building. 

-- Make sure a picture of the house is in the body of the letter and the top left of the envelope-- Ask if they want to sell their house-- Include your name and business info7)**When you get a response**-- Do a walkthrough inspection-- Find holding costs, rehab costs, insurance, taxes, and other fees (is there a never-ending list of fees?)

How will you handle vacancy, what about insurance on the "new" property after reno? 

My estimation is buying as is, I’ll have a net cash flow of about $500 with mortgage, insurance, taxes and water utility.

Drive Dryad, Nebling, and surrounding streets before pulling the trigger, and see what flood insurance will cost.

My estimation is buying as is, I’ll have a net cash flow of about $500 with mortgage, insurance, taxes and water utility.