Right now, anyone that stays beyond a year is slightly below market and those with multiple years are getting a deal. 

We were told multiple times that we would have to speak to the owner about the issue, yet he would never return our calls.

Go and meet the wholesaler or R/E pro in person and see if they pass your smell test.

Lots of regulation and licensing involved to run that kinda thing like a real business, especially if you are going into multiple states. 

I've done multiple tear offs and you're budget (assuming a standard building on a standard 25x125) is in the $8000 to $12000 range depending upon the extent of plywood replacement and R value on the insulation you put in.

Rents are about 600 to 700 per month, and did a test advertisement and was getting about 10 calls per week to make sure the market has demand.  

I myself am preparing to take the test in Louisiana, I can't wait!

@James Paine @Chris Strokes we are Turn Key providers, and have a cast network of contacts for other providers that we work closely with in multiple markets.

I ask if they loan to investors with multiple mortgages and if they do cash-out refinances.

keep it for the rents or flip for the quick cash. the neighborhood is ok walkable close to NYC i go into this part of town to look at properties and there is aways multiple offers on them. this time i win