annelise, i say be careful...this topic has been discussed several times here, and jsut about every time, some property manager takes offense to certain statements....that being said, the facts are the facts..some people have had great luck hirig and firing, hiring and firing, and finally finding the right property manager..others don't trust them...i don't think anyone will look after my properties, my money, or my interest as good as i will...furthermore, i buy most of my rentals these days from distressed out of state landlords who have properties being mismanaged by incompetent managers..i have seen first hand what this has done to their investments, and as a result, i refuse to hire a manager...that being said, i am getting busy, and am looking to hire on somebody in my company and teach them my process...hopefully they won't rip me off as bad as a manager's company would...i could give you 20 examples of how managers can be corrupt, but one sticks out in my head that illustrates this point the best...i bought a 10 unit building back in august, and one unit had been sitting vacant for 2 years...the managers let several tenants go by that were qualified (i know this because i offer my tenants referral fees and they said, we tried that with the old managers, but they didn't pass the screening)...well they passed my screening, and the apartment was rented out in less than a month...anyways, everyone looks out for their own best interest first, right?

Again, when someone states that something is illegal after the Supreme Court has already determined that its not, I'm going to side with the Supreme Court.The fact that the sources are non-educated drug-addicts are irrelevant to this discussion...but worth noting because someone's level of education and past criminal activity can be a good indicator of their likelihood to know what they are talking about and whether they choose to present the information in a factual manner.

Specific exclusions; eminent domain, civil disturabnce/unrest, marshal law, loss arising from criminal activities....and more, take your pick!

I told a high ranking police officer here that I thought that most of the force would have been criminals if they had not joined the police force.....he agreed!

I suspect it's a first offense so they'll loose their driver's license for 6 months, get a steep fine and get probation.

The Law suits against Bank of America and Countrywide whom they purchased, with respect to their miss management of their mortgage portfolio may be a bigger concern especially if wikilieaks has information substantiating criminal actions in this regard.I have found Bank of America to be grossly incompetent when it comes to modifications and in my opinion borderline criminal but if their unbelievable lack of concern for their customers turns out to be intentional and criminal they will pay the price. i would not have my money with the Bank of America.

Plus, if the optionee skips town your going to have a hard time collecting from his insurance.In real estate, a good offense is often times your best defense. 1.

Hi Jon, you could cash it - just be prepared for some innocent person (and the bank, and the cops) to chase you up asking why you're making unauthorised withdrawls from their account.The big check comes out of a victim's account - whatever you send back goes to the criminal and they're long gone when the cops are knocking on your door.

A one stop shop for credit, criminal and eviction records would be great.

Baltimore Inner City rental market is just that - bad credit, eviction history, criminal records (possession etc).