They are also taxed and treated differently as such the income and expense methodology may be different.You may have to reach out to an accountant and mention information such asWhen was the property purchasedWas the property ever advertised for rent and also suitable for an individual to live in the house?

I look at these websites every day with the hopes of finding another suitable property.

At a minimum, in establishing that pre-existing relationship by slowing the process down, having that introductory call is critical to understand the investor's situations (financial, objectives, suitability, risk tolerance, experiences, etc) is an important aspect. 

Bill Financeexaminer, that is one of the issues I am having here in illinois, finding suitable cost effective land in my area is pretty difficult.

Ludmila:I presume you have calculated what it will cost you to make this property rent-ready and know the market rent for the area.With these two numbers and your "opportunity cost" you can calculate the maximum you could pay for the house and still have it make a suitable return.Where does that number lay in relation to the Vendor's asking price?  

They use their star power, as you said, to attract all sorts of folks that know nothing about the risks and they attempt to sanitize the business by making it appear to be an auction suitable for the uninformed. 

The numbers look comparable, and the properties and neighborhoods look nice from google maps, and neighborhood scout reports didn't turn up red flags on either.Anyone familiar with either or both areas that can comment on suitability for rental potential?

I want to use all marketing forms that I feel will be suitable for me and my business.

@Justin Tahilramani - I'm thinking that is what we will do next time is put something more suitable to his needs in there.Does anyone know, is it our responsibility to keep replacing them(I'm assuming so)? 

When you find a rental place that might be suitable, copy and paste the address into Trulia and click on the Crime information for the address and ensure you are selecting a safe neighborhood since there are children in your family.Most people save about $200.00 per month by shopping at ALDI instead of the other grocery stores.