@bill Just my 2 cents as well, but talk first to an accountant, to see what type of entity you want, Subchapter S and LLC have slightly different tax structures but both are pass through entities to avoid double tax issues and reduce personal liability, You can set up an LLC or subchapter S in minutes, but if you don't know how to keep the corporate formalities you might as well throw your money for it in the garbage.

The garbage disposal went out in month #2 and he did indeed ask if he could install the new one himself and knock the purchase price of the new unit off of the rent, which I agreed to. 

Anyone can make a 40hr course of just garbage that wont ever be revenant and sell it for $12,000 to you but how will that help? 

Garbage in, garbage out, as they say.There are a lot of levers that can be pulled to engineer projections. 

Just like there are dishonest politicians, cardiac surgeons, garbage men, shopkeepers and used car salesmen, there are undoubtedly dishonest Realtors - not to mention some who are less than completely competent. 

I am at the moment on the verge of drastically reducing the city's rental registration fees and garbage fees through class action lawsuits.If you can fit these high real estate taxes into your budgets than the cheap prices of properties should off-set this burden.Overall I feel Scranton is a great long term play with a minimum of 3 years investment.

People are getting scammed into buying garbage Detroit properties. 

I wouldn't be comfortable throwing a seller a garbage bag full of cash.

garbage article. not all flippers come out on top.

As I mentioned, literally every listing that I personally have found anyway, has been garbage numbers with mediocre cash flow at best.