Always remember to do the math analysis and try to look at your prospective properties before you make an offer or at least try to add a clause in the sales contract that would give you the time (about 15 days) to make a detailed inspection and possibly back out of the deal without a penalty that will not hurt you too much.I am 59 years old and I found BP about a year ago and I am still trying to decide what to do.  

So I have a prospect that asking price is way too high

Always do the math analysis and try to look at your prospective properties before you make an offer or at least have a clause that will protect you for some time (usually about 15 days) to make a detailed inspection and possibly back out of the deal without a penalty that will hurt you too much.Right after you close on an improved property get an insurance policy that will protect you if there is a loss.  

This is a HUGE value and going to sell fast - I wouldn't think too long about this one, prospect. 

@Matt MotilCongratulations Will you give us some detail on the house from an investment prospective? 

Hi All, I am going to rent out our current house and wanted to check how crucial it is to verify with the current property management company for prospects.  

I have seen a prospective tenant in the process of current eviction document how they refused to move after the 30 day notice, and are fighting the subsequent eviction and haven't paid rent in 6 months due to repairs not being done.  

I have a prospect investor but I always like to have a Plan B in case things do not work out.

I have a prospect investor but I always like to have a Plan B in case things do not work out.

Can this be done before I even have a prospect to purchase?