Landlording" - by Leigh Robison - great for understanding what all is involved with being a landlord, no information on buying properties thoughI also have "Property management for dummies" but I only skimmed through it 4 years ago and don't remember much about what is in it.

That avoids someone moving in a week before the month ends, paying you one weeks rent, then milking a three month eviction process.

This is my first night on here and I have been skimming threads like a sponge to try to get some bearings on where to start.I was born in Ponce Puerto Rico and moved to Reading Pa when I was 3.

These people milk the system for years with practically free rent.

BS - You've established a de facto agency relationship by putting his property in contract, telling them your a licensed RE agent and then walking it around in expectation of a fee/skim. 

The reason I put "Despite BP advice" was a reference from this post http://www.biggerpockets.com/forums/41/topics/46744-foreclosure-acquisition-questions-please-help-dI just skimmed back through there, and there was a lot of good advice.

I've also seen people acquire a property for next to nothing (inheritance, etc.) and are just trying to milk it for everything they can until someone takes it back because it isn't worth it to try and cure the outstanding liens...or they just can't afford to.

Don't cry over spilled milk.

Its just spilled milk now...

True a banker can go to bat for you but in most cases you can bring as much milk and cookies as you want but that banker brings your file to an underwriter who has the initial say over a wide variety of factors.