After using a mortgage calculator, and putting down 10k as a deposit it looks like my mortgage is coming out to around 2.2k (including PMI).

Then COVID hit Colombia hard and they started having more problems, so they just walked away from all their Medellin projects, including the one I was in, and left us investors high and dry.

As a result, the smart REI investors are looking for B-minus or C-on-the-borders-of-B areas.Fountain Square is the neighborhood where a lot of REI's [including ME] are trying to find properties - thanks in large part to HGTV's "Good Bones". 

I include in the depart instructions to have the used linens washed and at least put in the dryer prior to departure.

@Stef Martin if your intent is to scrape and rebuild, then you need to use comps that are new construction in the area to back into a value on the land by subtracting all of the costs to do the deal including your profit.

Fortunately I currently have no debt, I think in the next 12-16 months I will be able to accumulate 40k including money I already have saved. 

I went with a flat fee of 30k each.. and I then spent 50k on a big presentation in San Francisco.. included a room for 300 .. drinks etc. radio adds my flight down ( well I flew my own plane LOL  but my team had to fly down.. ) we sold those all of them in that one weekend.. so this lowly dumb @@@S realtor ( me) made 660k in one weekend minus 50k in expenses so like I said you can go both ways with commish.. and those builder were estatic their bank was putting pressure on them and they knew exactly what I was making since we had a listing agreement and I got paid on the hud like any other bozo realtor.

Your existing network, including Dan and this forum, can help you quickly vet any potential deal to at least ensure that it's not completely idiotic on its face. 

I know they are trying to update the law with the choice act because the Dodd-Frank has had unintended consequences that for some reason the Consumer Finance Protection Bureau wont rectify...Former Congressman Barney Frank, who co-sponsored the legislation, said he was “regretful to realize” its negative impact not long after Dodd-Frank became the law of the land.In a 2011 letter to a constituent, Frank wrote:“I do not think it is necessary to include manufactured housing as part of our effort to prevent abusive mortgage practices, and I am now working with my staff to see if we can find a way to make a change that would deal with the problem you correctly point out… “

You'll get a lot more diversity of opinions and facts as well from this method rather than paying 1 person to teach you just waht that 1 person knows.