If income from the rental properties truly is that good, you can get a plain old boring traditional mortgage without showing paystubs or presently having a job, based solely on the rental income, if that is what you are asking.

Introverts usually make the best investors because they're not trying to impress other people.Networking is nice but the wealthiest investors I have met are people hiding in plain sight.

Its harder to remove/scrape then true popcorn, and if its been painted over then just plain forget about trying to scape/sand it.

When it is made plain that I cannot trust a tenant, I have learned how to start an eviction the next day.

I used to live in White Plains, and I definitely know what you're talking about.

FOLKS remember 50% of all these homes come from Failed landlords.. plain and simple that's a fact..

But it I guess something like the original example (10 year note, $100,000, 8%, sold after one year for $10,000), this note would be returning about 150% interest.If you were to just plain buy the note from the current lienholder (this happens all the time), you would continue to collect the payments from the original borrower.

Whether it is lack of money, the way they were raised or just plain lazy, the properties that rent for $350 to $500 per month get beat up way more than the $700 per month.

Kin,To evualte  a lot, I look at the FMV, is it a buildable lot, check size, is it in a flood way or flood plain?

I have built in flood plains, but not sure what you mean by "AE"