You don't want any bad blood with a tenant before you become the owner. 

You either have landlording in your blood or you don't.  

State law says you need to start within 90 days of acquiring the property to avoid liability if that child has high lead blood levels.

Since investing there, I am being drawn to look at some properties north of Independence towards Sugar Creek.

It would appear that the kind of people that CAN get a mortgage are looking for something higher-end, and the people that could AFFORD the mortgage on these lower-end homes do not have the credit or wherewithal to ever be able to own a home.None of the homes are "upside-down", per-say, but something is only WORTH as much as someone is willing to PAY... and so far, all indications are that no one is willing to pay anything.The area has a combination of an aging and low-educated, low-income population with very little "new blood" being attracted. 

@Trevor Aydelott Elk City is heavily reliant on the oil industry for its economic life blood, and tends to boom and bust along with it.

I am not beating her up in any way, but it made my blood run cold.

*enough saidOnce I was fully out of Memphis, I was finally able to sleep soundly.Deals are abound, but terrible tenants and blood sucking PM's and so called "Investment Firms" abound as well.Sticking to what I know, in area's I know, is what I'm all about now.  

We have rainy season where it's a gurantee that 5 out of 7 days will have significant rain and we have very sandy soil so that sugar sand just acts like sand paper on laminate flooring.  

I love seeing all the new blood flowing into the BP.