But here I sit without my first property still(I've viewed many) So another recent question I have asked myself.

I have heard comments that homes in TX or GA need a major rehab after 10 years, builders use MDF for trim, pressboard under siding instead of OSB sheeting etc As an investor we buy 1960s homes, they have good bones and are worth an update.

If you get too cute on zeroing in on a certain "demographic" (whatever that is), you will find the property sitting empty a lot of the time.  

I’d recommend setting an appointment with a local lender, sitting down and going over the loan, and your options with him/her. 

I could list it for 3 million tomorrow but that doesn’t mean it’s worth that if it ends up selling for 1.2 after sitting on the market and similar properties are going for 1.2-1.4.I admittedly do not know this market well.

well if this was remotely true I would pay the 35k and sit back let them do all the work and make my 200k a year.  

Some areas have near-instant tenant demand, others sit vacant for months.

So when i started at 18 I used to go to these appointments just like Al Pacino in the movie or Jack Lemmon sit in the houses show my maps and pictures and help them choose their lot of their dream.

Nick Raimondi, who claims to be a managing partner at Insula Capital/Atlantic Holdings, after we were working with the seller and our lawyers, got our LLC, jumped through all the hoops they wanted us to, only to sit down at the table yesterday at the lawyers office to yet another stipulation.

They are able to rent property that is lower income housing, because otherwise the property would be vacant, or better housing where the landlord hasn’t completed a thorough due diligence either because the landlord left the due diligence to the leasing broker, or doesn’t know how to go beyond a $15 “tenant report”. or the property is sitting vacant and the landlord decides to “take a chance”.