Now I will add the caveat that this December and January have been the worst I've seen in six years with respect to tenant quality, such that a couple of colleagues and I actually stopped marketing our properties in the beginning of January.

Keep your head up and good luckI gotta respectfully disagree.

With respect to mortgages, the topic usually ends up wondering about violations of the "due on sale" clause in mortgages.If you need a loan to purchase, then your lender will require title insurance, and that lender will probably not be happy to have those other liens in place in a superior position (with respect to foreclosure).

I respectfully disagree about being able to get 1,000 homes up as fast you suggest.

It offers a similar ROI with respect to the equity partnership without the added risk.

Also be careful of the HOA bylaws down here with respect to renters.

I havent seen this yet in my area so I want to ask my expert colleagues about how this will go down if I purchase this property.My agent sent me an existing rental property.I searched the CAD for info and found Fannie Mae is listed as the "owner" and the lady who is listing the property and says she is the owner is listed as "previous owner"I know this lady and have respected her for years.

I'll die before they do anything respectable again. 2. they'll get sold off to some new place where that owner and head coach makes a championship legacy out of them...

You have my loyalty and respect.

I work with them occasionally on a limited basis.If the tenant is just late but they are a good tenant in all other respects that is different from a tenant that is not paying and has other things going on with them as well.In that case you inherited an improperly screened tenant and must make them cone into compliance or leave.When buying properties like this do not count on the rental income right away as you have to go through a purging process with the bad tenants.