Many times the seller will just say something like insurance inspectors are here to take a few pics etc.If the adult is not there do not enter the property.Do not even step one foot in there.Did you review the rent rolls,vacancy loss,turnover frequency,late pays,strength of the existing leases,etc.???

I am most thankful that I've been given the strength to care for my wife as she undergoes chemo and surgery for stage 3 breast cancer.

Additionally, the strength of the market can determine how flexible the lender will be on price.

Is there anywhere to go for data on how quickly homes rent in particular rental markets?

I've been interested for some time in investing in rental properties in an area I'm very familiar with, but I no longer live ...

Well, it's probably different for mortgage lending than commercial.When I looked at a PFS, I'm looking to see what it added in terms of adding strength to a guaranty.

Think of it as there are two phases:a) build wealthb) enjoy wealthThe idea with phase 1 is to build your asset base quickly using a method you understand, are good at, and can leverage effectively, and then when you are ready for phase 2 you make a decision whether you want the income to be more hands-off and adjust your asset allocation accordingly.What Vikram is saying is that during the first phase, if renovating is your strength then focus on that is you'll get to phase 2 quicker and with less risk of a major set-back.

Search for Self Directed IRA owners - the self directed industry is papidly growing and is a superb source for private funds.Note: This list is in no particular order of strength.

My advise would be to keep assessing your strengths, resources, skills and knowledge and figuring out how to use those things to accumulate assets that replace your earning power.I hope this is helpful.Mark

If the tenant gets pissed and trashes the place or leaves a bunch of junk behind any higher rent will be negated.In your example getting them out would yield 230 more a month potentially in cash flow.That equates to 2,760.That kind of damage and cost could be easily negated getting them out of there.I would see the strength of the leases and raising the rents some but not to the 400 level.

I can go on forever on all these subjects; however, my true strength is in helping others get started...cutting out all the BS and just focusing on the things you need to know and do now to get started now and measured by the actual results (by results I mean CASHING CHECKS).