I have thought about making a pre-application form asking for fewer details, but haven't had the time.

@Windie Gaytan -You are always better off mailing to fewer people but mailing to them consistently.

It takes much longer to close deals, there are usually much fewer deals, but the deals are bigger.

If you can get a solid (good) manager on those properties, you will have substantially better returns and fewer feadaches.

I did it back in 2004 & 2005 because I wanted to protect my portfolio from the dangerous unsustainable speculation that was happening in CA, so I exchanged out of my property in CA & went to another state.

And a vacancy in that area is a nightmare...we lost all the copper pipes in one house last year while it was vacant, and it takes a *lot* of screening to get a decent tenant.We've had far fewer problems with our FL condos, they're all very nice units in good areas but a tenant's circumstances can change in an instant, as all of ours could, and you just never know.

Its the old Bell curve, the higher the price the fewer potential renters (or buyers).And if adequately advertised and it hasn't rented in 30 days, then the rent is too high.Here's a lesson from HUD.

Hey Brandon, you and Josh talk regularly on the podcast about the dangers of getting emotionally attached when buying properties.

Perhaps I should use small icons as used in some owners manual......like beware, it's best not to do this; caution, this can cause damage; danger, this can send you to jail or cause a total loss

I bought a property from the state highway dept. that they had bought for an interchange, but changed their plan and didn't need.In another muni, I bought several properties that people had donated to the town, but the town didn't need or want.I also have traded properties with muni.You have to contact each muni separately, each town, each city, each county, each state and talk to the person who would handle a sale of public property.In the smaller communities its a lot easier to buy something as there are fewer people who have to say yes.On the state property, a bill had to pass both houses of the legislature and be signed by the governor before I could buy the house.