I have a home in downtown Orlando that I was going to let go to sale because I couldn't find a buyer and I didn't want it (war zone).

Benefits are numerous - economies of scale, easier management for multiple doors in one location, easier to have professional management (and cheaper), one loan for a multitude of doors, and the list goes on.So, is it possible to get to that goal using SFR's, yes, anything is possible, but less likely and not the best path in my opinion.

I am setting up an LLC and I was windering if anyone has any time saving ideas on how to estimate my competitors share of the market in my area.I have found numerous transactions from my competitors.

After numerous attempts to get one GC to stop talking, I extended my hand mid-sentence and said, "thanks for stopping by."

In the past I have actually priced properties under market to create a bidding war (similar to what the banks are doing with REOs).

I love the idea of citing numerous common examples to the tenant on the front end, of what you will repair and what you will not.

The rougher neighborhoods were cut in half by the crash and the full on war zone neighborhoods are now nearly worthless.

Many lenders show small price trying to create a feeding frenzy that turns into a bidding war, just like an auction.

If you are lucky, there are no newbie bidders at the auctions, so you can skip the readings and no one bids until the bank rep bids first, saving everyone time.Otherwise, there will be a bidding war for 10 minutes from $1000 all the way to $150,000 between the newbies, then at the end...the bank rep will chyme in....$287,524.06.

For what it's worth, Mitch makes some good... actually GREAT points regarding the often overlooked upside of renting in slightly nicer areas (non war zones.)