I see it somewhat regular of people who got into a "deal" with HML, to do a Brrr and now it's half done reno and there desperately trying to sell it as-is to bail them out. 

With the exception of some small markets in the Southeast, places like Cleveland are the only major metro areas where a regular investor can find cash-flowing assets with a mix of appreciation. 

But tell them what you are doing precisely - vacation rentals, not regular rentals.

Real estate is one of the best mind-sharpening exercises in the investment world simply because getting it wrong there is no stock liquidation or quick way out.

That clause avoided a lot of headaches when the seller eventually exercised their option.Seattle permitting can really be a curveball.

On paper the cheap houses look great, but the reality is they are harder to manage, have higher turn over and cost a lot more time and money.Buying before you retire is a good idea because once you retire, your ability to borrow money is going to decrease as you don't have a regular income from a job.As you want to fix houses up, why not buy a house that needs a bit of work, live in it while doing the renos and then move when you sell it. 

Look at your competitors then adjust regularly.  

Hello, Wondering who folks use in the southwest suburbs for waste hauling/dumpster service, regular pickup. 

There are some vets to the site that also happen to be an agent or PM that are the exception, but it is just an interesting and expected observation.Do what you want, but if you can't go there regularly at first and then periodically after you own it, it's a bad idea.

We have regular evictions at this scale and they typically will take a few months up to six or seven months if the tenant contest/hires an attorney.