Just got a call from a middle man that is negotiating with the bank on a short sale property. I know very little at this point other than the house is older, the owner is moving out and we might be able to see it saturday.
It is a 3bdrm, 2 bath with some work needed. They are are listing it for $30K, but already said they would take less. I am thinking it can be rented for $600 updated and $450 in current state with what I know now. So what I will do is gather data this weekend and chat with you guys when I know more.
What should I look for? Thanks!