Just like you I wanted to go full time and start a real estate business and move to a new area which provided me with an environment I had the best chances to succeed and build my passive rental portfolio.

In an auction environment you can exceed 10, 15 nor maybe 20% of a reasonable estimated market value, but that market is also different, it's not like dealing one on one.Predatory waters is my description for acts or attitudes that expose you to much higher risks of violating applicable laws, it's not a law itself (but can be specifically in certain aspects).

@Dean HulsingOnce you understand the environment in which the business operates (local tenant population, average rents, physical and economic vacancy rates, the growth / decline of the local economy, the risk of the local economy (i.e. does most of the tenant population work for a single (cyclical, declining, growing) employer)), then you can compare the business (property) to its peers and evaluate its shortcomings and potential.After the above, you should be able to put a value on the business and, if it looks to be a profitable, long term venture, issue a Letter of Intent (LOI) with your offer and deal framework,  If accepted, you then dig-in and conduct the formal diligence.

At least we are helping the environment by recycling:)

For 10 years. 1 centered anchor.i read stories of cities in texas who crowdfund retail purchases inclusive of non accrediteded people; toward revitaliZing cities. 

I follow the economy closely and feel the environment is still safe for investment, both in the stock and real estate markets.

They acquire the right to "quiet enjoyment" of it, free of landlord interference, more or less the same as if they owned it - and *you* would be trespassing.It is also required that you provide a "habitable" environment. 

Its an FHA loan for investors that offers the rehab inclusion you are looking for without the owner occupy.

I am also having them read and sign off on documents from the CDC and the state Department of Public Health and Environment that give facts about mold and health.Luckily the reserves are in great shape.  

@Dawn Anastasi and @Brie Schmidt - yeah, it seems like a combination of leadership setting and example of an environment and then managing to keep that ideal.