My suggestions:* Requiring code compliance and safety equipment is absolutely valid and should be part of the regulations* Requiring owners live within 15 miles is not necessary since poor hosts whether they're local or distant will violate the 3-5 warning system and earn a suspension.

Personally I like the Section 8 program when the property is located in a super poor area with a ton of blight and crime.

I found Rich Dad Poor Dad by Robert Kiyosaki and Rental Property Investing by Brandon Turner to be very helpful.

We gave The Real Estate CPA a shot because a virtual business model and their marketing here sold us, but had a very poor experience.

Also if he hasn’t yet you should try to get him to read Rich Dad Poor Dad.

That's not the same as paying cash.According to a different post, your credit card debt costs you $600/month.

Personally I like the Section 8 program when the property is located in a super poor area with a ton of blight and crime.

The best deals I find are usually the result of an agent’s lack of familiarity with the area or a very poor listing presentation.

Incredibly poor business deal. 

- If the Association Fees are regularly increasing or the Association is poorly funded - SELL.3) How much of your TIME do you want to invest in all this?