That alternative is increased EFFICIENCY.The government is notoriously bad at doing things efficiently (we all joke about the DMV, but it really is pretty indicative of how the government runs things).

Avoid lenders/investors whom notoriously put restrictions in their approvals.2.

Too many reasons not to invest in those areas, cash flow is generally wonderful but several of these areas include tenant friendly laws, laws that generally make landlording difficult (i've heard Detroit is notorious for these) plus my biggest problem when I looked into Detroit is you cannot control what people do around you, several properties I looked at were on "ghost" streets and no one to be the only one to live there, another problem being alot of the houses are so run down they're realistically worthless, when the cost to put a roof on the house cost more then the house, most don't make needed repairs.

At least in my market, things are very cyclical (or at least ever changing)...There will be periods of weeks or months where we find it difficult to find any properties that meet our criteria (this often happens during the summer and around the winter holidays) and then we'll see weeks or months where lots of great deals hit the market without much competition (beginning of the year and September/October are notoriously good)..We now try to buy as much as possible during the "good" times, and don't stress about the lack of inventory during the "bad" times, knowing that things will soon change.For reference, the past two months have been pretty good in my area -- we've purchased three properties and have a couple more we're currently negotiating.

I don't use my attorney because I'm concerned about the quality of the title search (though that's a valid reason), but more because I know my attorneys can push the closing through in about 10-14 days (whereas the seller's attorney could take up to 6 weeks), my attorneys won't charge a ridiculous amount of attorney's fees ($200 compared to the $650 the big REO firm here charges), my attorneys won't make me wait for 2 hours when the closing is running behind schedule (the big REO firm here is notorious for a packed waiting room), my attorneys can allow me to change to financing without having to sign amendments and tell the seller, and my attorneys will let me sign at my convenience (I can come to their office anytime or they'll come to me if I prefer)...So, between the cost savings (even after title insurance), the convenience, and the ability to switch to financing easily, it's really a no-brainer for me.

Yeah...BOA is notorious for "misplacing" the new insurance information that my agent sends it so that can place forced insurance on me too.

Banks are notorious for not having their act together, not getting docs prepared and signed quickly, not getting to the closing table as scheduled, etc.

A very boiled down version would be to pay to have a fence put around the property (Open and notorious use), pay the taxes for 5 years, then sue.

The work was still under warranty, so they came out and turned it the right way a couple days ago.Here's what I learned from the plumber: renters are notorious for tampering with meters, which operate on a paddle wheel.

Moreover, the values you get from websites are notoriously inaccurate.