These tenants will chew up regular PM companies who are used to running in nicer areas.I see sometimes properties in nice areas selling for an 8 cap but rough areas they bump to 10 or 11.

The only other negative I have heard is that rats can smell the water through the pipes and will chew threw it just like electrical wiring.

“Some books are to be tasted, others to be swallowed, and some few to be chewed and digested.”

That would chew up every bit of 10k in most markets.I personally like lease options, I too try to think of the worst case scenarios and add in the lease option contract wordage to protect myself.

My mom is chewing my ear off as she's preparing to market her condo on the east end of Long Island, no matter how much I tell her I know absolutely nothing about doing it.

I will work for myself to get the life I dream of and chew and spit anyone out who gets in my way or die trying. period. 

Yeah probably don't want to bite off more than I can chew.

Since this is my first project I don't want to bite off more than I can chew.

@Charlie Chew just wanted to confirm what others have said here.  

Hi @Azah Che. We