If you’re interested to take a peek at my underwriting and current and future deal packages, feel free to PM me so we can block some time on my calendar and talk things over.

For the immediate future foreclosures will drastically increase as  uninsured or under insured owners of damaged properties walk away.

Couple of ways to improve the accuracy of your numbers:Consider adding vacancy as a % (typically 5-10%) because it's impossible to keep all unit 100% rentedNeed to add CapEx for your future big costs (roof, HVAC, etc)Considering adding a reserve for any other unexpected expenses.Keep up the good work!

You may get a draw against future commissions, but most brokers are one-man bands.

Virginia;MilitaryBackground StoryI bought a duplex in November 2016 in Virginia but after I bought the property I hired a PM because I had to move to Mississippi for 9months and I had nobody in VA to overlook the property and collect rentI inherited 1 tenant and my PM acquired the other side.Predicament (because I'm nervous) & QuestionsPredicament I want to get rid of my PM because I want to have the stress of being a Landlord with small quantity of Units so when I acquire more units in future and hire a PM I will know everything there is to know or at least enough to not get toyed around and taken advantage of.Ive read Brandon Turners Book, For dummies book, Virginia Landlord and Tenant Act which were beneficial.

In any case I will post on here what the attorney says so that in the future if anyone has the same question they can use this thread as a reference. 

CST. (1) Read MoreIm pulling all the data for Harris County but planned on Fort Worth or Dallas in the near future

The article says 20 bids and the winning one "wasn't an outlier," so we have good reason to believe the sales price is ballpark accurately telling us true market value for the home, without even having run comps.Really, what's more likely at play here, is a listing agent that wants to be able to juice up his "average % over asking" pitch a little bit more for future listing presentations.

In the future, this will be a question I add to my diligence checklist, but in this instance, is it reasonable to ask the seller to make a purchase price concession to account for the missing security deposits?

Hello, I wanted to get some opinions/critiques on possibly what I could have done to secure a deal, that is still possible in the near future.