As you grow you can manage your reserves a little differently but to begin with at least you need some cash reserves in case something goes belly up.

Happily I got a pretty good property on which they did a good renovation job, and just before they went belly up I kind of smelled a rat and got the house out of their management, so their collapse didn’t affect me.  

"Debris under screened porch" will require someone getting on their belly and removing the debris with a rake, through one of the small service openings along the perimeter.

I ain't sharing no rookie tips, these are pro LPTs and are only for those with fire in the belly!

It sounds like the juice isn't worth the squeeze. 

@Tom Bell, I would be interested in some info on your REIA.

Name rings a bell, I have not read his stuff.But I have a question, why would you consider paying big bucks that you can get for nothing or very little with a little effort?

I hear the fall from grace can be long and hard.....Hey Bill Gulley,To go back and read your belly aching comments in this thread it looks a little out of context with you having 100 influence as compared to when you had like 70 or whatever it was.

Good NNN commercial properties can generate those returns, too, provide you tenant doesn't go belly up.

These skinny deals with nothing left need to be belly to belly.Choices are-1) take a gamble you can do most of the work yourself.