It's a goldmine of great information.treat all applicants the samehave everything written down, so have your application cover everything you need to knowlook for approx 3X income to rentindependently verify all the information for those who seem like good candidatesDon't rush to get a body into your property because you fear losing a month of rent.

Get as many people from "the group" on the lease so you can go after several bodies if need be.

Tenant might be over reacting or anything.

I don't really think any body knows.

I am a commercial real estate broker as well as an investor.I would say what has made me successful is the WILL to never QUIT.When I get on a workout machine I go for an hour doing cardio.Most will do 15 minutes,some 30,a few 45,hardly any will go 60.When I run a marathon my mind wants to quit before the body but I push on.The last part of finishing takes the most mental toughness and a will not to quit.You will need this skill in real estate.Making a deal happen will be like being on a roller coaster with many highs and lows.It has taken me a year to close a deal before.When I was assembling land deals I had to talk to the owners sometimes 50 times and it took 6 months to agree to terms and get under contract for the developer I was working with.It will take a lot of time and blood,sweat and tears in the beginning but it will build toughness and character.Remember if it was easy anyone would do it.Their is competition in EVERYTHING you do.You have to find something you enjoy and then strive everyday to be the best at it.Work it like a business and constantly gain more knowledge and develop systems to maximize your time.When I close a hard deal that takes a long time I get a great satisfaction that I made a deal work that many would have just quit on.

Wow the subject should read "Give Seller some equity AND THE rest after flipping"It was 3:30am in the morning so I guess my I was typing what I was thinking about my body!

Although, she knows my deals and knows how people react to them and the fact that this place is 100 yards from the best elementary school in town and walking distance (1/2 mile from the grocery.Right now the P&I I'm collecting is $485 so even if I have to pay them more than what I'd collect from the next buyer, and spend Christmas painting and cleaning, IF I could turn it for $77K, I'd have a new loan (assuming 8.5%) paying me $577, almost $100 more per month, with 30 years to run instead of 23.

Michigan has the largest state forest system in the country and you are never too far from a natural body of water.

I have no money (ususally I stop reading)It's not that one cannot make money in RE. Acting

A healthy body compliments a strong mind.