FYI, look at the zip for this area and 64130 is considered the murder area in KC.

I have a house, owned and rented comfortably for quite a while now, which recently began to mysteriously produce renter prospects to the doorstep of the house.

A couple counter points, not every home needs a rehab and there is not a mystery to systems that are exclusive to turnkeys to solve.

I've had multiple "foreclosure toilets" with mysterious invisible leaks that I just could not figure out until I finally replaced the whole toilet. usually the leaks are very small too, so you dont notice it right away.

NW Indiana has plenty of areas that haven't seen a murder in years.

I won't touch anything in these zip codes: 64130, 64132, 64128, and 64127.Part of that area is not-so-affectionately known as the "Murder Factory": http://activerain.com/blogsview/909133/-my-take-on-64130-aka-the-kansas-city-murder-factoryThat's not say there aren't deals in those areas but as an out of state investor I think it's smart to not get greedy and stick to the solid, blue collar and better 'burbs.

I am trying to negotiate with the seller on the balloon payment due at the end of the term.Here's my dilemma, each of the renters have been getting away with murder when it comes to paying rent.

I had 350 of them at one time.. lots of work owning rentals... 2. this happens with any rental regardless if you buy it from a fix and flipper who specialize's in selling rentals ( turnkey company) or a fix and flipper who just puts them on MLS.. bottom line someone buys a home fix's it up and resells it no mystery there.  3.

@Jeff B.i did have help but still with that many units it was like a small city..our office was open every day for leasing,  we had our own security staff,( after hours), and office staff was like 7, maintenance guys 4 (understaffed at all times) and 2 painters, and a handful or 2 of caretakers.. it was a section 8, tax credit property.. yup after 4 shootings, a stabbing and a murder..

We still do not know if the building construction is completed, or why the building’s permits needed to be processed through the court system, or the status of the building despite months of asking for updates.The status of Property C is a complete mystery.