Is this good enough or are the risks of being a landlord too great for "Hey, at least I don't pay any mortgage" to be sufficient?

With the ARV + repair cost+ my fee It wasn't a good enough spread.

However I would for a rental if I felt the deal was good enough and the risk of the title issue coming up was very low. 3) Evaluate whether its worth your time.

Estimating within a couple of 100K is probably good enough for the personal warm a fuzzy.  

My iphone takes good enough pictures for a $1,250 per month rent.

I offer the continuous pay because a realtors worst fear is that they give you a buyer and he buys from you, then when they have a good property to show their buyers they cant buy because they have already purchased from you.If the realtors dont have cash buyers, I tell them that if they bump into any great deals, they should call me and if the deals good enough we can buy with cash and close in less than 2 weeks.( Often times you can use other realtors buyers to buy another realtors house and you can make money setting the two up)An example of one of my clients deals that he ran this way.1.

I am assuming in this case it is because the overall scope of the needed updatingGiven there are no interior pictures and the rents seem really low it is fair to assume it probably needs a bit of updating and TLC.That being said it is livable since 3 of 4 are occupied.Owner also pays heat which could be a cost that has been decreasing the cash flow a lot over the last few years.Not at all a slam dunk deal, but good enough that it is probably worth taking a look at and doing more of this due dillegance.

a local deal popped up in my hometown for an 8 unit apartment. works out to a 15.6% cap rate. has 4 2br/1 and 41br/1 and rents are 400/300. 3 empty atm but he says he has calls all the time and stays full most of the time. he is selling do to a critically ill grandchild he wants to spend more time with. no way i can come up with the 20% down on this, and i would love to get my mom into this deal. she is super hard headed about securing her future and im trying to get her into some real estate for when she is ready to walk away from her job. i almost have her sold on it and her main concern i cant get her to move past is the tax implications. she is a managing partner in a sonic drive in. she makes 20% providing she makes a certain profit %, plus a small salary, plus they let her buy in 25%. she is afraid of this putting her into another tax bracket. i told her to talk it over with her cpa, and i just wanted to run by the community here to see what answer you guys had as well. she is a money hoarder and im trying to get her into this for when she walks away she will have something. they will buy her out at 75k when dhe leaves and she thinks thats gonna be good enough. she does no 401k or ira or anything so i am trying to talk her into this for some passive income when she retires. help me sell her on the taxes please!!

The major things that jump out to me are your screening criteria, your screening tactics, and your applicant pool.If your screening criteria are too low or you're not good at sticking to you criteria you can have issues.Your screening tactics need to be thorough through the process and you want to get a good applicant pool to choose from.If you're just picking the first "decent" applicant you might not be allowing yourself a good enough applicant pool.If you're picking the best from 3 vs. the best from 12 you're going to have a different type of renter.My guess is that this property attracts a slightly less than ideal tenant than your other properties and therefore it might just require more effort on your screening.Also... are there any improvements you can make to the property to make it more attractive to get a better renter?

If they won’t consent, it typically means they have something to hide or they know their credit isn’t good enough.