Originally posted by @Elizabeth C.:Have

@Isabel Chaves.  

@Cal C. having

@Pra Che I personally am a HUGE proponent of the 1031 exchange.

The best tenants I have found in Class C have the following:1) Stable, full-time employment in a job that pays near or above the median income, which is about $14 - $16/ hour. 

The reason for 2 is because the ones with mortgages need a $1K deductible, and the ones owned F&C have a $10K deductible.

I have bought direct from owner  adn clsoed with an attorney -- NO commission paid.A  Do a  good market analysis - get some comps from RE Agent - FREE    or by Zillow.com - compare features and square feet .. and derive your price - then    negotiate with owner - offe 15 %  less in first offer --then decide where to stop..C   Have a bank - prequalify you for loan amount D    Ask bank or two RE agents for referal - name of closing attorneys.

Someone told me that only financial institutions/banks can hold mortgages in PR. A

@Morgan C. have you identified a market yet?

yes i know that mike and john c have polar investiment ideas and often clash over them.... and my aim is $100 per door.. and i currently have just over that