If you start the eviction process and the tenant decides to trash the house and disappear into the night, you have no judgment and can't recover your losses without going to Small Claims.

I let them look through the house at their own pace, I don't hover over them or rush them.I've had a number of people seem sincerely interested in the house, but then they disappear.

So many horror stories about GCs tearing up the house and disappearing for months.My best tip is to join the local REIAs.  

That way you're limiting the expense and risk if the contractor is fraudulent and he takes your 10K$ for material and disappears. now you're just out 10K$ instead of the minimal amount to secure the job. 

always have the worst case scenario in mind.... they can disappear and leave you hanging.

Oh wait, I came up with another one or two: Absentee Owner/Mgr Assemble lots Assumable Loan Boarded up Property Bought other Property Burnt Out Landlord Buying New Home Condemned Property Competitive Property Deferred Maintenance Delinquent Mortgage Development Ready Disappearing For Sales Economic Problems Fire Damaged For Rent Signs & Ads FSBO Signs Good Area - Ugly Home Hard Money Loans House Smells Bad Inexperience - repairs Investor - No Upside Lack of Concern Landlord Problems Location is bad Low Equity Property Management Problems MLS-Expired MLS-Junker Properties MLS-Listed too long MLS-Motivated Seller Negative Cash Flow Neglected Property Non-Qualifying Loan Old Property Over Priced Property Owner Will Carry Private Mortgage Property near yours RE Taxes too high Restrictive Covenants Rundown property Sell personal property Seller worried - taxes Subdivide - sell part.

Go to local alderman office and ask if they’ll allow it - old Chicago way)-Neighborhood groups -City of Chicago Zoning & Planning / building & permits-City Council More common than 2 flat ( bc they’re trying to preserve those since tens of thousands Have disappeared into houses or condo) empty warehouses have been converted to storage like at corner of Ashland/Elston/Armitage and Ashland/Elston/Cortland

One day I'm at a total analysis paralysis and next I'm in the OH NO the deals are disappearing I have to get them fast!

Which almost always means our properties sell for higher prices and rent for higher prices on a consistent basis.That is one of the reasons we have been able to thrive in this industry for 14 years while many, many other companies struggle and even more have disappeared.  

@Manesh Hardeo who is its general manager in Atlanta is a regular contributor here.By the way, our conversions on BP were disappeared for some reason.