Even if it seems expensive, as long as the area has good future prospects, it is best to stay close to home. 

Anyway, when I first started, my team leader had me following up with buyer leads that were coming in through his marketing, and also he had me circle prospecting every morning.  

If you have an entity that prospects for properties, maybe you can expense it sooner.

My partners and I have landed our first MASSIVE deal (250+ unit complex) and have started the money raising process..Let me give you a very very quick back story...To make sure you are as attractive as you can be to a prospective passive investor, you need to have a few thing..

If you are very concerned about the prospective buyer not being able to pay you could ask for 20-25% this will show you how serious the buyer really is.

Even then, if homeowners know they will face a lawsuit by their lender this will deter a foreclosure, and if needed mortgagers will sell off everything to make the payments.

Recently I have found it aggravating to deal with having to meet prospective tenants to hand deliver applications, or dealing with those who don't know how to edit an emailed PDF application and return.

I drove around the neighborhood my prospect property is in, and I got scared. 

Sounds like an interesting prospect. 

I was wondering what people thought of Trenton today and whether the prospects for the town are improving , declining or stable from your perspective as an investor.