The light will boost the value to a tenant but it doesnt count as a bedroom legally until it has it.

You need to understand the market, advertise to buyers, show it in the best light, know what to say and what not to say, be skilled at negotiation, understand contracts, and much more.If you don't know how valuable a good agent can be, it's because you've never used one, or they made it look easy because they are skilled. 

yup sure worked for bud light. 

No foreclosure or court action required.3.You might also consider depending on where it is, no electrical or lighted signs if that might be a consideration to you. 

However, I'm now reading Dave Meyer's book Start With Strategy to learn more about whether long-term residential rentals is even the best approach or if I should be looking into other strategies, in light of my overall goal.After Start With Strategy I plan to read Set For Life by Scott Trench, but what other recommendations do you guys have at the strategic level?

this is where the deals are .Ones that can bite you though are higher end homes where the previous owner strips them takes every cabinet every door every light fixture basically deconstructs the inside of the houseAnd this is how rental property will look over time in many C D markets just beat to holly heck.It's really surprising (when you first start out) how people can abuse a house and what they will actually live in....It's usually either substance abuse or just a bit nuts....or the worst is when it's both.....We should get all the veteran investors on here together and write a book. 

Hold on and get ready for light speed payments! 

If you can focus more on that, then the bottom line profit you will be light years ahead of most flippers. 

Brush a little bit how do you handle brush usually with prescribed burns.. the issues are houses on mountains and I suspect there is a good amount of people that planted Euculyptus trees years ago those things are just like light a roman candle.. and 60 to 100 mile an hour winds..

After the first go for one with a light rehab.