I have a question I love to ask in boardrooms because it's such a "pattern interrupt": "How much money can you AFFORD to 'save'?"

Since then we have replaced a furnace and a water heater, other maintenance has been minimal.

Find yourself a good Attorney and hope they can extricate you from the situation at a minimal cost. 

Hi! My name is Kent and I currently reside in Corpus Christi, TX. I've been snooping around this website for around 1 and a half years and feel its time to start asking some questions that pertain to the goals I desir...

The two risk factors I see in this scenario are: The Class A- property allows me to leverage my cash into a better property in a better neighborhood minimizing the risk of higher vacancy rate, the need to rely on subsidized rents, and getting a better qualified tenant mix for the long term, minimizing the possibility of fewer headaches.The Class C/C- property comes with a lot more cash flow due to there being no debt on the property, however it also comes with a lot more risk in the form of all the issues that come with renting a C/C- property and there seems to be a lot of them.

Sometimes they delete the post.Sept 25 7pm - Tidewater Real Estate Investors Group - How to maximize the # of rental properties with the minimal amount of $$$.Oct 4 - Noon - Hampton Roads Landlord Assoc Lunch & Learn - We are talking about non-traditional rentals - air b&b, room rents, group homes, etc.Oct 12 7pm - Peninsula Real Estate Investors Assoc (PREIA) - They generally announce their topics right before the meeting, but it is a great group of people and they always put on a good agenda. 

I would love to hear about your success with this one, even if success means minimizing the loss.

I made about $60k on that deal, after finding good tenants and minimal repairs.

For what is usually a minimal fee you get education from people who have "been there and done that" and, equally as important, the opportunity to network.

To minimize your risk and start generating cash flow I would build a success portfolio of vacation rentals you managed and identify what qualities make a successful property.