Definitely get the estoppel letters and copies of existing leases.Apartment complexes change hands frequently (if judging by the "under new management" is any indication) and I can assure you they don't kick everyone out and start from scratch.

The market is up and down and frequently sifts.

@Giles D.Lane I believe is a frequent contributor here on BP - I believe he changed the name of his company to the wealth elevator.

My son is going to FSU, my wife will be making frequent visits there because he is her baby ;-). 

You'll save on realtor's fees.One thing to remember is unless you are flipping, selling a rental and buying a new one frequently is going to lose you money. 

I’m frequently asked by new investor hopefuls how to get started in real estate when cash is light.

To get the full effect of how I first saw it, I'm going to have to ask you to imagine a raccoon sitting up on top of the bed.One thing I've frequently told folks is on these old, low class properties, if you need a home inspector, this is not the right property class for you.

Lenders will want to know you have a game plan for monitoring a project and being on site frequently especially when it is your first time.

Calling frequently and being respectful when you do so goes a LONG way to speeding things up.

There are currently 10 items, which I affectionately refer to as the "10 Deadly Sins" that if they are included in your Wisconsin residential rental agreement will render the agreement void and unenforceable.In my representation of landlords over the past 20 years, the two most frequent situations in which I have found an illegal provision in a rental agreement were because: (1) the landlord decided to draft his/her own rental agreement and didn't know that Wisconsin law prohibited him/her from including certain language, and (2) the landlord used a rental agreement that s/he found on the internet that was not drafted by a person knowledgeable about Wisconsin landlord-tenant law.Section 704.44 of the Wisconsin Statutes sets forth the prohibited provisions.You cannot include a provision in your Wisconsin residential rental agreement that:1.