The Illinois Real Estate Investors Association is having their Vendor Fair and Fish Fry tomorrow night!at VFW Post 2859 - 231 East Edwardsville Road, Wood River, IL 62095 from 5:30 PM to 9 PM. Door prizes and much mor...

They assumed the trailer there now was the same trailer my dad had.I finally convinced the tax assessor that it was not and almost written a 3-page essay on what happened to the original trailer and how the existing trailed came to be.I gave the number of the tenant to tax assessor, they called him while I was in the office, and he told them he was not the owner and not responsible.I am toying with the idea of what I should do next.I am wondering the following...1. 

Account Closed  Adam if he's under rented 50 dollars a month (By his own admission) on a $1000 dollar a month rental  (he didn't say how much rent he was talking about) that's 1/2 the cost of the PM.  5% of the rent.   

By your own admission, you don't have the funds to make the requested repairs and going further into debt to try and push this deal is likely a very bad mistake.

Despite what is posted by any member of this board: Civil Theft Claims in Security Deposit DisputesDefendant’s admission of, [...]its stated knowledge of the requirements of the statute pertaining to the keeping and disbursement of the deposits, its subsequent failure to follow the notice provisions of the statute and its failure to respond to Plaintiffs’ written and properly served demand for treble damages in accordance with Fla.

Enrique Martinez | Admissions RepresentativeTelephone: 1-800-542-5543 , option 9, ext. 8642 [email protected] 

There are some good ones in Central PA that are run by some good people and the knowledge and contacts that you'll meet is well worth the price of admission (which is free)!

For anyone else interested in one of these seminars, here's my take:  I found the initial 3 day seminar worth the price of admission, although I didn't take the premium lifetime membership they were selling (they spent about 20-30 minutes on the sales pitch, and the rest was pure information, and gave me a lot of notes that I can use for starting points for research).  

I invest in LR from overseas, its doable but not essay... you need a team on the ground which you can trust to manage the property and take care of rehabs if you plan to buy and rehab.Did you consider buying turn key ?

And then we sell after the 6 months of airbnb, where we would likely still be able to get the 800k sale price pending any severe downturn.Thanks for sticking with me through this essay BP and i appreciate all the insight, knowledge and courage this community has given me!