Effective Date: 03-19-1993 5313.03 Biannual statements furnished to vendee.Every vendor under a land installment contract shall, at least once a year, or on demand of the vendee, but no more than twice a year, furnish a statement to the vendee showing the following: (A) The amount credited to principal and interest; (B) The balance due.A land contract passbook issued by the vendor or a financial institution shall be sufficient compliance with this section.

Because in another thread you recently admitted that you will have to start with no more than $1,000.00!

And just look at the reply immediately above yours, which repeats the same nonsense.I guarantee no more than three calls to established brokerages are required to list a house in any condition.

That would cause my monthly bills including utilities to be no more than $1,000 and I would be able to call it home for a long time without trying to hurry to fix a cheaper house in a neighborhood that wasn't as good so I could move to the next to rent out that house.

Recently I have been taking an accounting course, and realized why the banks pour thousands of dollars into these more distressed"houses", that are sometimes no more than a shack with 4 walls and a door.

If you receive no more offers after the open house, than negotiate with your first offer buyer.

Inspection costs are good for 3 years so no more cost there.  

reality is people normally hold property or live in a property no more than 7 years..So the 10 year threshold is tough.. plus that puts those that bought pre 08.. and so many of them either lost them or divested themselves from those homes.. we as K Marie has pointed out most are in a honeymoon with buying at the bottom in a all time buyers market and have not owned them long enough to get a base line.I have seen about 3 separate threads on this topic and nary a person could respond that they owned a out of state rental for over 10 years. 

Equity is no more than paper gain until you pull it out through a refinance or sell.Another good target for acquiring properties with equity is through unsophisticated sellers...Frank

SO, NO MORE EXCUSES!!!