We have recently put in an offer on a 4 plex right across the pound in New Albany, IN.

I recently dumped them like a girlfriend that gained five pounds.

If they know you require verifiable income 3x the rent, or that you won't accept dogs over 30 pounds, it will chase away a lot of tire kickers.Pre-screening should include 3-4 of the most important disqualifiers so a reader can quickly determine whether it's worth their time to inquire further.I always review the application first to ensure it's complete, they've paid the application fee, everyone in their party has applied, and there are no immediate disqualifiers (lack of income, registered sex offender, etc.).

This means no one wanted it at the regular auction so the county was stuck with it.Usually these unwanted properties are not very desirable. 

If all else fails, with these "tougher to finance" type assets (which actually perform amazing pound for pound), sometimes the best option is found at the local small depository institutions who will be a bit more vested in their immediate surroundings and seek a depository relationship with you for rent collection, reserves, etc.

These metal sign posts are pretty cheap, and they stick in the ground easy, without any pounding.

George, Thanks, I had the same thought about my sponsoring broker getting a lot of unwanted calls, not to mention it may be difficult to locate a managing broker willing to take a risk on something like this.

One of the main capital guys said, "you can just simply get more price per pound there."

I pound on the door and ask why the window is open.

My listing accepted up to 3 dogs, up to 30 pounds each. $300 non-refundable pet fee, $25/month pet rent.