I do it by first making some basic selection out of the tax sale list and then sending letters to the owners.

If you go that route you need several documents to protect you and effectuate taking over mortgage payments (POA, notice to release, etc. )If you only have a strict 90 days to do this then in your agreement that should be spelled out but several things depend on your relative and how secure he wants to be in the fact that you will basically hand the house back over to him at the end of 90 days if you haven't sold it.

Im looking at the lower streets the closer to downtown the better, Im looking for multi family basically something in a nicer area to develop a building for good rental returns...Do you have any good suggestion right around the half million mark, preferably with approved plansThanks!

It looks like it's an abandoned flip or "unfinished project" distress as David Greene likes to call it.The property is in very rough shape. 

I have done many rehab projects over the years but it has been several years since I have done a full house rehab (4 or 5?)

I basically show the house to a PNTs and advise them of the credit/background/eviction checks they have to do and the price for that.

Converting old homes is not easy when dealing with commercial code, and I'm assuming the micro units project would fall into commercial code (3+ units).

He has a good basic and working knowledge of real estate.

Some contractors will allow you to finance your renovation projects through them.3.

My immediate goal is to begin my management business by offering basic services to "Mom & Pop" Landlords that currently hold small-medium sized multi-family rentals.