This is when there are some stupid and arbitrary Fannie/Freddie rules that prevent things from being done, but the underlying loan case is still good.

Why would fear of a BK prevent you from renting to them?

It moves with the house and prevents cracking.

I thank you and anyone else who will contribute to my learning process as so I can avoid the most common mistakes and try to keep my wealth intact by preventing rookie mistakes from happening.

One way to solve this is to have an "expiration date" on any ad / solicitation post; those are restricted to certain forums, and those usually don't have any real worthy discussions going on.If no traffic, the BP site would just automatically lock such a thread, preventing such old dogs from being resuscitated.If it had ongoing traffic, then that would allow for the expiration date to extend a bit - or at least that is what I would think is fair.

Consider the other unit a rental and simply insure it to prevent any tenant from falling over your flower pot!

My question is, If rental property market values are calculated on the income they generate, and there is rent control, wouldn't that prevent the property from appreciating.

Most municipalities require board up by law of vacant properties to prevent crime.

Many commercial loans are defaulting now because those loans are ballooning and the borrowers could not refinance because of their credit, property value, and other factors that prevent them from getting a new loan.

Buildup cash and start doing your own deals.Re-inventing the wheel will take you much longer to get going.Having someone to show you what is working and is not and preventing you from making the same mistakes is priceless.Yes winterizing you are wasting your time.On the REO's I list if the property is priced right I don't need a middleman wholesaler trying to put under contract cheap and collect a fee.The right price will bring me plenty of direct cash buyers that can close fast.Asset managers sometimes have over 100 files to deal with and don't have time for investors with no money to try exotic ways to make money.Sometimes those deals work but many times they do not and the asset managers plays the percentages.Now if you have cash to purchase sometimes you will catch the bank on the right day when all the planets line up and they will take a low offer and dump it which will make it easier to wholesale.Forget all these people who say things are easy and try to sell you something.Nothing is easy and takes smart work and time management.The question at the end of the day is do you enjoy doing it??