Getting a contractor can be extremely frustrating especially if you need to make an offer without even looking at the property.

But we have a great tenant who is quiet, helps out some, and is generally well liked around our small town.

Attention new investors: As I’ve immersed myself in the BiggerPockets forums, I’ve observed an extreme emphasis placed on asset protection by those entering the business but their approach and where they decide to allocate their time and resources is misplaced.

Not saying roaches aren’t an issue because they are but I do feel like she’s being a bit extreme when she’s seeing maybe one roach every other day or so.  

I am wondering if it is a good idea to invest in one of these foreclosed homes or old single families. the prices there are actually extremely cheap compared to where I live in new jersey. my overall plan is to own multiple rental properties. 

That was extremely helpful bro.

I have contemplated doing a conversion like that with existing warehouse or office space but I am extremely new to commercial real estate investing and I think that is beyond what I'd like to tackle in the beginning.

In my particular case, I only had $50k in my SDIRA, and I found my options extremely limited.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

Then there was the peyote church leader who seemed really nice and cool at first but then started growing mushrooms and peyote in his closet, and when I went out of town he hosted all night bonfire peyote parties in the yard playing bongos all night, then stabbed another house mate who came home hammered drunk and asked the peyote church parishioners to be quiet at 4am or so and they both ended up in jail and I had to evict them both while they were in jail.