October Status Report
October started off with me still in Ohio. At the end of the two weeks in Ohio, the deal still wasn’t completed. So I spent the third week in Ohio, despite the original plan being just one. I ended up going to an auction for a house in Ohio that, if I would have gotten it, I would have lived in.
I am heavily considering moving back to Ohio to be closer to the investment and get things going more with those. The auction, however, was terrible. The house was a complete disappointment and needed significant work. The problem with an auction is when I finally see the condition and know work is needed, I don’t have a lot of time to figure out the cost of the work. So when the bidding starts, I have to aim low in order to have enough reserves for the cost of the renovations.
(more…)