Lots of investors may be paying out the nose on short term capital gains because they do not have good counsel......

RIGHT UNDER MY NOSE!  

<Holding nose and walking away>

Not to brown nose, but I need to give credit where it's due!

I always give them a month or two if they are nice.. and are keeping the house in decent shape.. if you get hard nosed you can end up with a trashed house pretty quickly.. cement down the pipes etc.Now some others do it different .. they just start eviction process with no personal contact.. if its a tenant the eviction flush's that out and then the owner is evicted.. and you deal with what you have..

I make paper airplanes out of Loan Applications, staple my business card to the nose, and run around throwing them at people as they exit elevators. 

I've got a good scam nose, too.

But if the OP made $2M by being willing to take on the stabbing/shooting building, doesn't it make you wonder what else is out there.....right under our noses?  

Prior to establishing my company Buy Vegas Homes Daily, I buried my nose in books such as, "The Book on Rental Property Investing," "The Book on Managing Rental Properties," "Never Split the Difference," and "The Millionaire Real Estate Investor," just to name a handful.  

I can see why the hard-nosed commenters in this thread take the approach that they do as well.