Yup I would say the vast majority of owners who have large portfolios in the city they live and work in.. will create their own in house team.. in some markets were your managing D class its basically mandatory.. other wise you will bleed from a thousand cuts.Oceans of blood... 

Since the economy is and has been shut down, nothing of commensurate value has been produced to offset or provide value to support the extra dollars about to be put into circulation.

The Morgan philosophy was when blood is on the street you buy. 

  :)there are turn key operators in Japan.. you can buy rentals there for 30 to 50k that meet the 1% rule or more.. they will live there a life time and you have next to zero issues with those tenants compared to the US tenant base.. they are respectful of authority.. just look at pictures of fukishima and NO looting no rioting. all lined up nicely to get water.. then look at pictures of New Orleans during Katrina.. it was a free for all blood bath on many levels..   

The reason they stayed so long with us was because we had a good landlord/tenant relationship which entailed respect for each other, no matter what type of neighborhood they lived in or who they were.Landlording was and still is in my blood.  

I guess it's in my blood!

They are now prime candidates to contact for a short sale, particularly since they are now under the radar, having, in a sense, been out of circulation for a while.

I know this business is far from easy and so I am ready to devote my blood, sweat and tears into becoming a successful investor.

The burning desire for real estate may just quite be in my blood OR it could be me witnessing the perks of collecting rent for a living - traveling for months at time and playing poker.

I guess omalley needs to suck more blood .