A glut of new apartments washing over the city has quickly turned the tables as vacancy rates hit their highest levels since the recession, led by downtown Seattle, where one-fourth of all apartments are now sitting empty.Landlords who are increasingly hard-pressed to fill their open apartments are offering deals like a free month’s rent, lucrative gift cards and even free electronics."

you typically do this at least a week before the sale and verify the amount owed to a lien holder to try to make sure there is not an accidental foreclosure sale of that property. 

That way you dont accidentally spend your mortgage payment. 3.

I will contact my insurance and pray he doesn’t press the issue.

If you want to read up on it I suggest NOLO Press website and books.

@Ned Carey Part of my previous post (above) was meant as a response to your comments - the paragraph starting with "Fitch's methodology..." until the end of the post.I thought I had added "@" and your name but it must have been accidentally deleted before I hit "post reply". 

I am 36 years old married with a wife and 2 boys ages 2 and 4. I have a job as an engineer make a good salary. When I met my wife she had a condo (worth around $90k) she purchased and was living with a roommate. When ...

We currently live frugally, have no debt, have built up our savings account and now we need to put it to work for us.I have some accidental experience with rental properties that weren't purchase as investments.

I took it out in favor of more time, but I've discovered that playing daily fires up my competitive juices and helps give me a blast of adrenaline to press forward with my day.

You're going to be hard pressed to much that will cash flow above that level.