The problem with this approach is it wasn't really a big money maker (the summer months are very hard to find tenants), but she had a good full-time job and could afford any small losses.

(note: I am not an Astronaut) ;)On a more serious note, some recent market insight from the institutional capital world and from a definitive 'Market Maker'.

You're asking for trouble if you have a tenant who is a minor car repair bill from not be able to make rent.

Deal makers, operators, facilitators, wheeler dealers, not really investors. :) You brought it on yourselves following the gurus and cousins of gurus, the mentors and coaches praying on the newbies who end up doing things similar to the suggested violations of what society expects. :)The perception of wrong doing is broard and deep, And, for good reason, IMO.

How many time have you seen photos of living rooms that look as big as an indoor stadium only to find out that they actually as small as a bed room?

Your going to have to golf, lunch with the decision makers and convince them your a solid bet.

This will help me identify who the trouble makers are in the building so I can start the eviction process immediately if I were to purchase the building.

And, the credit of all makers, endorsors and guanators will be viewd and considered as compensating factors in underwriting any loan.

Reminds me of a burned home I had as collateral, a Dr's home with an indoor pool.

No denying this investor gets the best deals at the end of the day if they have any clue as to what they are doing.Then you have the Out of area investor.. which includes the MIllions of CA. investors who are market makers. ( IE take the CA investor out of any cash flow market and you would lose a big % of your sales).. this investor is what created turn key in the first place.