It is new territory for me.

I also understand 2% rule isn't actually a rule; but am curious if anyone has experience finding 2% deals or anything close preferably without going into "war zone" territory.

It just comes with the territory and I truly believe all these problems can be avoided with good tenant screening and reading out the entire lease to the tenant during the lease signing.

Just curious, if you had made that much just this year, why not continue to invest in the market which you seem to know a bit about, instead of entering a seemingly new territory (real estate)?

Lending Territory: CO, KS, MO, TX, IN, IL, OH, TN, FL, NY, NJ, VA, MD, PA, NC, & SC.

Even if they are "lending" money to you, as in a note of some type.. because the way your marketing or presenting it to them, you still are knee deep in SEC territory.

Problem is, the $50k higher offer pushed it out of short sale territory, and if the bank knew about it then they'd revoke the tentative short sale approval ASAP, meaning our law breaking listing agent would in retrospect have wasted all that time she did convincing the bank of "maximum" value.

Hello BP I've been thinking about investing in Detroit and wanted some help before threading into unforeseen territory.

If you have to bite the bullet with a vacancy, that goes with the territory. 

What we decided was to treat our personal residence, retirement and savings accounts as sacred territory not to be used for investing.