A condo there is likely to be turn key, while this doesn't mean Trump will automatically accept your condo without requiring you pay a lot upfront to update certain items.

Kyle,With Freddie Mac, multiple offers automatically triggers a highest and best situation.

As I've been getting calls from potential sellers the words 'seller finance' and 'lease option' are met with near automatic 'NO's.

The good thing is that if they do not pay and you are successful in evicting them, they will automatically lose their section 8 voucher.

Self policing helps but maybe @Joshua Dorkin and the BP crew have some ideas on how to get the system to identify these listing automatically?

Since the tenants are staying in the property it's implied that they are going to pay rent.I would automatically tell the current owner that you'll need signed leases to furnish to the lender, and make sure the existing tenants are in the know about why you're asking for them to sign a lease.

But you're right, the opportunity is always there when people can see that the property is vacant.Probably just bad luck and bad timing.I've never had damage so bad that I've had to file a claim before - does this mean that rates will automatically go up on my other properties?

Once we put you on the MLS it automatically kicks you out to over a hundred websites so everyone has that ability in regards to marketing.

I personally have my mortgage automatically transferred out of my account into another account the day after I'm paid.

:)Historically, real estate has tracked inflation, so holding real estate for a long time is more of a hedge against the decreased value of the dollar than it is an automatic wealth builder.Of course, when you combine time with all the other factors you mentioned, that's where the money comes from...