For example say a tenant bolted and I was able to use the SD to cover my other costs I wouldn't take them to small claims court for only the ETF amount. 

I'm going back and forth between feeling like I should just go for it and feeling like I should learn more before I make a huge mistake.Last of all, I want to say a huge THANK YOU to everyone who has contributed on this site.

Let's say a miracle happens and that service occurs on July 8th/August 9th (haha).

Too many newbies all over the place make it, like you say, a low value event.

I must say a group of investors (foriegn) I have worked with 3-4 years ago on residential deals were in the hotel space in Ohio Pa and NJ.Thanks

With that aside, if you bought let's say a break even property here in Berkley and held it for years, what's the best and worst case scenerios.

Even seeing an office and shop thats organized properly can say a lot about a property.

You can simply say a more qualified applicant (i.e., higher income) has been approved.

@Theresa Harris You can’t just say a house “didn’t pass inspection” and walk away.

Clearly, if you have a vacancy of two months between tenants and all your tenants are short term (lets say a year), then your actual rate ends up being 14.28%!!!