So I'm tired of repeating myself I'll let the smart people make their own judgment calls on this so J Lamar good luck and have a nice day as far as me I'm going to do some of that stuff you know the actual real estate investing stuff.

Some will call you back in an hour, a day, a week, a month and take your offer.

At one point, there were a few of us driving around in a truck each day as our office looking at houses, reviewing renovations, calling in violations to our management company to handle when we saw them on the street. 

Sounds like good advice, Anthony, and I can say I've been learning more about the area every day, as I spend a lot of time on foot or on bike to learn all the streets.   

Its a fairly quick process and you have a pre-approval letter usually the same day.  As

I will be there one day as well thanks for all your contributions!

I'm looking at lists for obtaining properties such as myhousedeals.com and Happy Home Investor, etc and more confused every day as to having one reliable source. 

It's the exact same as if you went out and got a second job working one day a week. 

If he breaks the lease, I would inform the tenant, in writing, that you "accept the tenant's offer of 2 months additional rent, paid in advance on move-out day, as escrow for breach of lease agreement, in accordance with Paragraph 23 D".

For him to ask the question ‘but why’ to a $40/ month increase ( which is $1.33/ day... a cost of one of those beers he drinks) shows that he has no consideration of your financial responsibilities and/or no appreciation of the low rent benefits that you’ve been giving him.