Posted by patrick m. cripe on December 17, 2002 at 17:28:25:
to buy a rehab takes alot of money sometimes and alot of know how. if your not careful, and do your due dilligence you may only end up with a couple thousand profit for a couple months work on the good side. you could lose money. rehab is not to be taken litely. you do need alot of know how and expertise to make it work. i buy properties from so called investors that thought anyone could do this and now their happy im taking over. apt. complex might be easier if you have a good team. a property manager, accountant, maintenance man, and also you do your due dilligence on the purchase to make sure it is a good deal. good luck hope this helps
patrick m. cripe