1st deal

[Dan Roberts]

I am looking at buying a couple of rental properties. This will be my first go at this although I have been looking/researching for a couple of years. These are 2 single family homes that rent for $400 & 450, respectively. They are very old but appear to be in good shape. What about lead paint? I have been told to look out for that; the current owner signs a form that states to his knowledge there is no lead paint in the house and the tennant signs this. He says that is all he has ever done and has never had a problem. Any thoughts out there on this or any other potential pitfalls I would appreciate.