I have seen MANY "resident managers" that had a pretty free hand with supplies that "fixed" and painted neighbors homes/apartments for a little "extra" income.

I understand the basic theory of bird dogging but I don't completely understand what type of information I need to supply the investor when passing along a deal.

What percentage of the loan are you able to supply in cash at the closing table?

If replacing the main panel, be sure the new one uses standard breakers, not a proprietary configuration.If there is ANY iron supply piping, replace it.

Miami has a huge back supply.

Illinois may or may not have passed legislation on this.Subject tos can be done and depending on your market, they may actually get a little easier to do because conventional financing is drying up and owners are about to realize that they need to supply financing if they are going to get their houses sold.

Jeffrey, Operating expenses include taxes, insurance, management (even if you do it yourself), maintenance, advertising, office supplies, legal fees, evictions, damage done by tenants in excess of the security deposit, entity maintenance, utilities (if only during vacancies), vacancies, capital expenses (not technically an operating expense), etc, etc, etc.

Category 1 is water that came from a clean source, such as a supply line or faucet.

I guess it all evens out in the end :) The unfounded run up in the money supply caused an urealistic amount of capital and leverage to be avaiable.

Supply and demand.