Slowing home price appreciation has eroded potential fix-and-flip profits over the past year, but demand at foreclosure auctions has remained strong as buyers shift to a renovate-to-rent strategy.
It’s estimated that it costs $4,500 per resident when a move-out occurs and it can take 12-15 months to recoup the costs of that lost occupancy. Keeping that in mind, it should be the top priority of ...