It seems instead of the vacation rejuvenating me, all it did was put my JOB work on hold (and let new things pile up). Every day I've been back has been non-stop work either trying to catch-up with old stuff, start/finish new stuff, or put out "fires". And there doesn't appear to be any immediate relief in sight.
Okay enough already about that.
I'm not sure I mentioned this already here, but I've been talking to another guy on one of the projects I'm on at work who is into REI. He's already knows where he wants to invest, has an agent lined-up (and a good one from what he's told me), and is trying to get some GC's onboard. We've talked several times about REI and he seems to have all the "book" knowledge down. He's more into flipping as I'm more into holding, but we can still help each other out. He also is concentrating on a whole different zip code than me, which is good I guess. He did come across a property recently, which he wanted me to analyze. Everything looked okay (not great, but okay) until he said it may have a foundation problem. I told him depending on the severity, it could cost him $10k-$15k to level, or higher if there are more issues. That seemed to be the deal killer.
I'm also about the width of a hair away from pulling the trigger on the 4-plex out-of-state. This deal has been like "walking through mud in the winter" slow. I received the list of repairs the current owner has done, but still haven't had 10 minutes to sit down and look over the list (it's 3 pages long). It seems like he's done quite a bit of work, but my main reason for asking was to see in what shape it will be in IF I take it over. IOW, is there more work to be done? Maybe the list says somewhere as I haven't read it all yet.
Anyone know where I can find a clone machine?
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