LOLI appraised a home one time that had so much dog and cat hair on the carpet that they would have had to rake the floor before sweeping.

At first, the price tag of the new build blew my mind but once I started running the numbers, renting out part of it would cut my mortgage to close to what I am paying now.TL;DR, I don't know if I will have enough time to renovate a multifamily home, function as a landlord for multiple units and reap the benefits of cash flow.

The laws are pretty cut and dry and hold up in court. 

So it's not just cut and dry that you have to save $100k before jumping in.  

Asking price is $1,000,000 Below are a few of the details about the facility6 Gin San Self Serve Bays with new electric drying system1 Automatic Drive thru Laser wash 4000-REBUILTWash Select II Auto Teller with cash/credit card acceptanceStandard Change Maker dual change machineGin San Reverse Osmosis “Spot Free” machineWater softners with 2 alternating tanks for production and deliveryAir Compressor6 vacuums,( 3 regular, 2 fragrance combo, 1 carpet shampoo6 drop shelf vendors for product purchasesCompaq PC for credit card processingScanCoin Currency counterSemacon Coin Counter16 channel DVR plus 9 cameras with remote viewing capabilityHonda Power washerFull supply of tools, ladders, etcInventory of spare parts and chemicals,Roadside Marque sign

KC has tremendous market fundamentals that I love but inventory has been just a hair slimmer there.

I hear HUD deals or foreclosures are drying up drastically is this the case in your market??

He feeds him greens, dried mealworms and blueberries for treats when he's not hibernating.   

@Russell Brazil  - Well, if he put in a dry wall to make additional room, then shouldn't he have taken permit. 

Number 2 you cant make fortune on every deal, its wiser doing smaller doing 3 to 5k versus drying the profit margin out...Its better to do volume..Remember the buyer has alot more at risk ..Make sure that you lock down your purchase and sale agreement with your seller  and record it with the title company orhave it notorized. it shows that you have Equitable interest in the property so therefore if anyone tries to close or go around you will run into issues when they pull title.