It's a tough choice... in order to get the egg.... you gotta feed the chicken... and take care of it.  

Contractors are tougher now than a few years ago when the market was soft and even the great contractors were in need of work...These days, you have two choices -- find perfect contractors and let them run with the project, or find not-so-perfect contractors and manage them closely. 

I think having the freedom to make those choices is many investors end goals or at least one of them. 

Isn't usually worth it.if the property is held in a trust, then the choices are pretty clear cut.  

They don't want to chance loosing that and understand that if they get evicted, it can have jeopardize their ability to continue on the Housing Choice Voucher program.Even though we have chosen to target only C+ and better neighborhoods for buy & hold, we've already made the decision to accept Sec 8.  

If it is, they're not a good choice.

Not that they have a choice not to pay, but the issue is that no one may have the money to pay the expense up front and there is no money in the reserves. 

Number of units matters as well.I focus on the commercial transactional side and my own investments by choice.

Hi Ryan,I've purchased 3 properties at auction.

Originally posted by Ryan Dossey:In the future....