I will continue with my homework to formulate a business plan, keep an eye out for rehabs, and discounted properties. 

I would recommend taking the time to formulate a solid business plan and list of goals you want to accomplish in both the short-term and long-term.

Unless there is a strategic reason (It's holding them up from other financing) to remove them I wouldn't worry about it. 

It's part of our strategic plan because we're investors ourselves & we know good investors are repeat customers.  

Also, its never too early to start; build your credit up by being reliable and strategic in opening and purchasing things and challenge yourself to learn cocontinuously.

hello everyone,I'm new to the site and this is my first post...I buy many properties at sheriff sale and sometimes they're occupied by the former owner that has defaulted. I always go in w the "kind approach", but occ...

These are just a few of the things you will need to know in order to begin formulating a plan.

Same as in other markets I worked in which was,, Indy,, Memphis, Jackson , B ham,, Atlanta , Columbus, with a dabble in KC... then the PM nightmares also raised their ugly heads and you have many many I would say at LEAST 50% or better either lost the houses or gave up on them strategically.. therefor you have very few that have owned them 10 years.Its a fact I often talk about with mid west rentals  were does all this stock come from its not all coming from sub prime borrowers.

That's something that I definitely have to keep in mind and have to strategize on more.

Looking to gain a better understanding of real estate markets in these cities, and strategize for purchasing rental investment single or multifamily properties, under $300K.