But, since I don't think a depression will happen and our society is not about to break down, I am still buying properties not disposing of them and keeping my cash securely in banks and brokerages.Anyone chanting the end of our financial system is near while still holding an asset like real estate or stocks is just blowing smoke.

.#2 you have almost all of the rights as a homeowner (tax deductions, rights to dispose of property etc.)#3 the only way you can lose the property is if you do not make payments (at which point you either pay off the property or it goes back to the original owner.)#4 properties in a title holding land trust are not subject to the Due on Sale clause found in all mortgagesTo help the seller have more confidence in you, you can place say 3 months payments with the attorney/company that is the trustee.

If you assume that marketing - of which locating motivated sellers is a critical part - takes 20%-25% of your time, you can easily see how little time that leaves for the other activities you need to be doing on an on-going basis to reach your goals.By having a bird dog or bird dogs doing these things for you it allows you to better utilize the time resources you have at your disposal.

Replace your used units prematurely due to a stripped transmission, and now you have delivery and disposal charges, plus another machine, plus the sheer aggravation to tenants and their resulting calls to you.

I have a low/average credit, make only 35k a year and at the time of my investment I will have 25k in cash and credit at my disposal.

Virtually all apartments have had the gas range, refrigerator, dishwasher, disposal, carpet, and linoleum floors replaced since 1987 13.

It may be possible to save all or a portion of the tax-deferred benefits with the proper expert guidance.Partial Tax-Deferred BenefitsInvestors can dispose of one or more relinquished properties and can acquire one or more like-kind replacement properties as part of a single 1031 exchange transaction.

You go from being a a one man (or woman) show to having a full team at your disposal.

The way to be somewhat sure that you can come out with a little money if you need to dispose of the property is FMV-30%-repairs= price you pay.

But, I have minimal cash on hand and not a ton of disposable monthly income.My target properties right now are in the 30k to 80k plus repairs range.