I became an accidental landlord but there was a part of me that was more than happy to let that tenant keep paying off my condo for me.I am a natural saver and after clearing out all my money for the downpayment a year ago I found myself with a good chunk of cash again.

lol)So naturally a few years ago after graduating from school I became real estate obsessed.

.), where it is naturally attracting a crowd looking for luxury.

I'm pretty conservative by nature, but would hate to overestimate the profit potential.

I am inclined to be pretty lenient, the last thing I want to do is initiate an eviction immediately following a natural disaster.

However, this new buyer is threatening to get attorneys involved because he seems to think that this is not a encroachment granted in perpetuity.I think my folks are in the clear on this due to the nature of the language in the agreement but the last thing I want to have happen is get lawyers involved and have them have to pay to move the tank since, technically speaking, they are in the wrong.Don't have any experience/advice in this matter?

It is the nature of the beast - we talk to Realtors using our own language.

So my natural bent would be to go as cheap as possible to simply satisfy the loan requirements.

If we are looking at total returns from those who have bought turnkey properties over the last 4-5 years, the returns are probably pretty good.I think those who are looking to find turnkey properties from now on will have a tough time making more than just average or below average returns, because I think the easy money has been made, and I don't see a ton of margin on any deal, let alone one where the Turnkey key operator is getting their cut off the top.I wasn't investing prior to 2007, but we are fairly conservative by nature, and having regular day jobs, we can be selective. 

A good thing to do is look up a past hurricane or natural disaster in the past and see what happened the market value of the homes from year to year.