It is a relief to find that you all aren't alarmed at the financing terms; that the two loans mentioned might be close to the same terms but not understood by me very exactly.

So let me get this straight...you are receiving a 1k deposit that is non-refundable directly from the buyers on a house you don't own and don't really have an interest in yet till the bank maybe approves a price.Not that I'm calling you a thief, but wouldn't that be a really easy way for someone to rob people?

Opened it up, found a cracked joist. i was alarmed, but wrote it off to maybe a waterbed upstairs or heavy piece of furniture dropped. today, I find three more in the basement.

I currently have a quad off market for sale in Frankford at 8.5% Cap rate 32% + COC return based on 25% down @ 4% amortized over 30 years with expenses included reserves for vacancies and maintenance @ 5% of gross income, along with the standard expenses of calculating returns such as PM fees, licensing inspection trash and fire alarm fees, and water expense

If water is detected on the floor, the water alarm makes a high pitch beeping sound.As our plumber says...

Are you required to put up security cameras and an alarm system at every rental?

We use it for our tenants to remind them about changing the filters, or checking the smoke alarm battery etc.With the outside services, you can also track who reads the emails.

@Adam Moehn If you actually started April 1st, I wouldn't be as alarmed, but still double check if your rent is appropriate.Two tips I give to beginning landlords.#1 When someone comes to view it, before the showing I say something like "Quick market research question for you - when you look for an apartment what sources do you use."

Security alarm is a better option.  

Bears are sounding the alarm about many markets: foreign markets, bond markets, private tech equities, commodities, etc.Real estate may prove to be the lesser of many other evils, and market pull backs can provide investors with buying opportunities.