:-)  Market Conditions and Why the Low #'s?Well

Which means that even if you get all units rented out, you will still be bleeding cash. 

One misstep and you can get into a lot of trouble, if the tenant gets one of the bleeding-heart pro-tenant attorneys.So, as was suggested to you, hire a pro to do the eviction process, so that everything is being done properly.

This unfortunately can change your personality a little (or a lot if you let it), because it's a habit that can bleed over into other parts of life and make you cynical.  

Its no better what these people do than what everyone gets really up about with regards to Gurus charging 30k for a seminar.. whats the difference you will learn more at a guru seminar for 30k than from someone who is trying to sell you a property...that is 30k over priced... at least with the seminar the bleeding stops at the 30k when you buy these So called cash flow homes the bleeding has just started...

The money flowed once more, and slowly you are bleeding your wallet dry. when the time came that you had figured out what he did to you, and got a lawyer involved, he counted on a lot of people just firing him and walking away, or Bob would go out and find another sucker and use that money to come and either finish your job - often times a year or more later. 

That will bleed you to death.There is a reason there is so many low end crap houses avabliable because landlords FAIL everyday of the week. and those that promulgate these areas are FAR WORSE THAN ANY GURU THAT IS vilified on this site.Ok so maybe I have a strong opinion on this but it is the other side of the coin that no one On BP ever talks about or if they do its all soft balls...

I do not want to be bleeding my HELOC and savings away.  

The focus here is to solve the problem for the seller and stop the bleeding.

If you can't submeter and charge the utilities to the tenants it's like giving them a blank check - they'll bleed you dry.