And yet many who wouldn't even talk to me when I first started out came sniffing around when the MLS dried up.

its as easy as abc really there is a big company called abc whole sale and you could order shingles trough them they bring them out and roof top deliver as long as the roof has already been torn off and dried in its a little more costly but it beats ground drop off were you have to load them your self for a job about 24 sq it usually cost about 80 bucks extra but its way worth it plus there way cheaper then home depot or lowes

When the computer triggers the amount, HUD wants it will send it to a human to review and decide whether HUD will accept it.

This means the taxpayer will repay the credit to the extent of gain on the sale, regardless of whether that gain can be excluded under the principal residence provision.Death of the taxpayer will not trigger recapture (regular or accelerated).

That could definetly trigger the DOS clause.

Short answer, yes it is a good idea to invest in the current market.But that doesn't necessarily mean that it is a good idea for you at this moment in your life.The two must coincide.If you pull the trigger too quickly on something you could get jammed up for a couple years having to carry it before it makes any money.Regarding a good area, think about your ideal tenant.

That inventory is drying up.

I never pulled the trigger on a buy-and-hold because I got hung up on my inability to estimate repair costs and never took the logical next step of figuring out how to do that.

I will say though, if you think that house will realistically cash flow $210-265 a month, you need to spend more time on biggerpockets reading before you pull the trigger on a deal like this.

There are some concerns with lease options, and some argue that it could trigger the "due on sale" clause - though today it never does (though when interest rates rise, there is no knowing what banks will try to do.)