They cannot lower the rent any longer as it will not cover their monthly loan obligations.

Thanks,  I am happy to be on here.It is a stable, sort of boring market.If you place a great ad, and screen well you can find tenants pretty quick.Since not much changes in the local economy (university / hospital / military town) the prices do not increase quick, so it is touch to get a lift in value on a building without doing big renos or holding for a long time.Michael P Currie

Everything in the apartment was yellow, and it reeked of stale cigarette smoke.Anybody want a Harley Davidson toilet seat cover to add to their Harley memorabilia collection?  

We tore the toilet out, put a sanitary cover over the hole, took off a shower head, tore off the shower door, put both the toilet and shower head on the shower floor, placed an upside down box on top of both hiding them, randomly put the shower door in another room in the house, threw a bunch of other boxes and crap in there (it may have included boxed "first night in new home toiletries and celebratory whiskey"...), and I suggested that the agent use the term "storage closet" as he opened the door for the appraiser. 

in your target area- Thoroughly screen these roommates as this will make or break your investment - Figure out the structure of your partnership - do both of you own the home?

Please note that I don't know how plausible they all are so feel free to comment:1) Write it into the offer that the eviction process has to be completed by closing, else I can walk.2) Ask for money back at closing to cover any fees plus unforeseen damages to the property.3) Walk away and find something else.Oh great, now I can't figure out how to get my margins back to what they were before....anyway, I haven't made an offer yet.

@Danielle Fattizzi my company does cover Florida, we third party manage a deal in St.

All that is is them covering themselves from any liability.

Where the basics are covered by passive income while you build the REI business up.

I have patlive screening my calls, and every caller that didn't just tell me to go F myself, I called back and made a verbal offer to based on the numbers I was told to use here at BP in addition to some of my own assumptions.I make cash offers by a CMA to get ARV.