The supply line compression nut is opened half way thru.

Each time prices were high, wages were high, property was nuts, trailer parks sprang up like weeds and filled instantly.

When it was first available people went nuts with it and sprayed everything and that is when the problems started.

Have relatives out there, one who is actively developing (2 projects completed, 4 underway including a 30 unit apartment building).I toured the oil patch Bismarck-to-Minot-Williston-to-Dickinson and back to Bismarck in late March.Without putting too fine a point on things... it is nuts out there!

Box to conceal my address.I created a separate email account for the business.I only use and list my first name on my Business Cards.Sure, it's not fool proof, but it screens out the low hanging fruit that would want to get stupid if it were easy.

This screams for judgement histories to be run.Be thorough but legal in your process, as Jon mentioned, but contrary to the "social responsibility" nuts looking to get elected, your first problem is to survive this business, and you must use all information at your disposal to do that.One bad tenant can put that into jeopardy.

She left this intentionally vague, both for me to be flexible, and also so some of her more greed-headed grandchildren don't go nuts.

There is too much competition for the "low hanging fruit," and there is almost always other people who are willing to pay more than what the house is worth.To find great deals in today's market, you need to be finding them before they are listing anywhere publicly. 

Austin is nuts right now.

Pros:- It's a conservative strategy that is safe- It gives you a clear goal and doesn't require a lot of external factors to go right to be successfulCons- It takes a long time to see the fruits of your labor- You incur a lot of transaction fees (1031 exchange, loans, payoff, new acquisition)I would like to see included a goal to buy the house 20-30% under market value.