So here is the other side of the coin.I will agree that an application fee in excess of $100 may seem excessive in some areas of the country.  

Working with at true investor who know his business has the means to act and will not leave you out to dry is very rewarding.

Typically this is when seller offers to pay closing costs on REO properties (HUBZU being the primary source of this annoying process, the extra party can cause excessive lead time when minor issues arise such as closing date shift or last minute credit grant).

first couple months as an agent are pretty tough & dry, but you'll find your niche and normalize hopefully sooner rather than later.

Yes, some gurus will charge you in excess of $40,000.00 for training, but I god damn guarantee you that no one would ever cry bloody murder if you made $40,000 on a flip, or took a $40,000 commission for brokering a deal. 

The parking lot is paved and excessively large enough to park more than a few cars, 10 school buses can fit in the lot.

You'll never have police calls for excessive noise, I guarantee it!

The restoration company is recommending that the floor be torn up and walls be opened to allow for more direct contact of the microbial compound.Estimated floor replacement is upwards of $3500 (conservative, I think) plus the dry wall work.I'm comforted and relieved to find that my lease holds the tenant responsible for such an event.

There needs to be plenty of cash flow available per each property to weather out bad times as well as excess cash reserves but I dont see how it can fail if you have that along with good property management.  

I buy rentals in Westland and Livonia  (michigan/wayne country) and the MLS has dried up. there is pretty much a bidding war for anything under 90k. it's crazy out there. i thought i'd pick up at least 2-3 houses to add to my rental portfolio during the cold months, but that cold spell has not deterred people from buying. very disappointing.