You should post the 3-day notice to pay or vacate quickly - preferably no later than 1 week late.The tenant has to follow your rules.

I'll be writing an article soon about my preferred multifamily tactic: (The 3R Approach - Rehab, Rent, Refi).

That is why I mentioned coming in with say 10%.Let me ask a couple of more 'hypotheticals'........ and please remember these are folks I have had long relationships with, have a lot of trust in me from past dealings etc... and prefer to NOT get all their equity at once.Sample one; current owner owns 8 unit free and clear but wants to back out of day to day etc....

Our preferred heat source is natural gas and we have converted many places from oil to nat gas.

We know that it is not worth $210,000 since it hasn't sold at $200,000.If I am using debt capital I prefer a return of 3 percentage above my cost of capital.

if you have great credit, solid assets and great income, sure,,, it would be based purely on your financial situation and wouldn't be secured by any properties.Banks prefer to have something to secure a loan with, so an open line of credit will be limited by your credit and ability to pay.

I guess you could do many (e.g. probate, divorce, absentee, code violations, etc.) but I prefer to do a manageable niche very well.I don't take all the calls as usually they leave a message and if not I google or whitepages.com reverse phone and find out who they are so when I call back I have a number ready to see if we are in the same ballpark.

I would prefer to look more professional and not use my name or leave it blank.Thanks.

I prefer Atlas Shrugged to The Fountainhead.

If so you'll need a real estate MBA, preferably from an Ivy League school and it will cost $200,000 or more to become an employee at a company that expects you to work 60 hours a week (or more) on their deals and not yours.