Make sure your investment property supports itself in a way in which it does not matter the external conditions.Here's a dumb analogy that I like to illustrate the situation:The way I see it is if your cow gives you milk every day, you will not care how fat it is, however if you need to slaughter it to eat, you will definitely want it to be fat and that may not be the case.All the best to you!

Miss the "fat bags"(not drugs).

You might have a fat wad of cash in the bank (You'd have to since to even have a shot at getting the financing you would probably need to have minimum of 6 months of reserves for all the fixed costs like PITI and HOA fees, if applicable, for each place, including the new one.

When it sits on it's a$$, doing nothing but getting fat (equity), it loses you money. 

Our condo was as someone put it... going to be a fat piggy bank, but we still let it go.

Its a single page sales copy webpage that just so happen to also be used by magic fat loss pills, known internet scam artist, and get rich quick schemes.

I've heard it can go a long way by being polite to them; addressing them as Mr or Mrs; & finding common interests...all salesmanship.I also know someone who has better luck when his wife meets the inspectors.Well, I got a hot wife, who actually knows a bit about rehabbing (has a degree in interior design & worked for a granite wholesaler) & am contemplating her meeting the fat slobs chomping on a cigar.Has anyone had any success in inspectors letting things slide using this method?

Bring meds back to pharmacies for disposal.Grease & Fat – Congeals once it cools down, filling pipes with a solid mass that blocks pipes.Pesticides – Destroys the good bacteria used to break down waste at treatmentCat LitterTampons and Pads –These items are too thick for toilet pipes.Cigarette Butts – Full of toxic chemicals that can pollute waterways.Chewing Gum – Can literally gum up the works.Nail Polish & Remover – Toxic.Dead Pet Goldfish – Not necessarily bad, but can cause problems with clogging or could introduce disease into septic system.CosmeticsPaper Towels – Do not break down like toilet paper; Too thick for plumbing pipes.Tenant(s) have inspected and tested all drains, faucets, and sinks to ensure that there are no problems with the plumbing upon taking possession of the unit._____________________________ ___________________________________________ ______________I have my tenants read and sign the following after being in the same situation but only on the hook for $250.

The $210,000 you net is 233 months (that's 19.4 years) of your $900 profit you get when you walk away, cash fat and you don't have to worry about maintenance, tenants, etc.  

I just tore the house down.. new homes there now that it gentrified are worth 600 to 700k each and we can put 3 on this one lot. so about 2 mil in gross sale on a lot I paid 80k for and had no income for 10 years.. .. we will make a big fat pay day on that..