./2 ba. house in AZ on a huge cul-de-sac for $32,500 way back when (unbelievable, huh?)

If you are not a smoker and your other tenants are not smokers then it can be a big problem.If you get this lady to leave plan on de-greasing the ceilings, walls, ductwork etc. to get the film of smoke out.Either way it sounds like you are going to be spending a lot of money in the future so plan for it now.

Hi @James @James De Silva I've quoted  bunch in the area over the last couple of years.

The Delaware Trust and LLC strategy that costs $7k to establish properly and would be difficult even for you to prove you are the 'owner' when it's finished.  

Originally posted by @Jay Hinrichs:@Wendell De Guzman  you young guys crack me up... he is OLD he did his first deal in 1972  LOL>..

I received a message from a case worker today inquiring if I accept an in-state rental assistance voucher.  I looked online and it appears that this is different from section 8.  Has anybody had any experience with ha...

As the title indicates I currently live in South Jersey, but plan to focus my real estate efforts in Wilmington, Delaware where I already own one single family rental and for some reason that I can't fully explain like the market and opportunity there so I have decided to stay in that market...for now. 

Great explanations on the science of entry and exit strategies @Wendell De Guzman!

Originally posted by @JOHN DE SOUZA:We experienced something similar as to having to 'move up' when buying the next property. 

- Does this deal 185K/1500 monthly +plus guest house sounds as a good de