For a fun read, you should totally check out How NOT to Flip a House: An Embarrassing Story of Wasted Time, Money, and Opportunity.

To me it's a waste of time and money as there are other ways to find motivated sellers, not people wondering what they might get...I know they can be sent to motivated people, I'd rather call them....anyway....Approach them saying you'd like to get into RE investing.

Don't forget to add a photo, and for a fun (and painful) read - check out How NOT to Flip a House: An Embarrassing Story of Wasted Time, Money, and OpportunitySeeya around the site!

They will not tell you what you want to know and are a pure waste of your money.

Bryce Y. the length of the lease has very little effect on the time a tenant stays.

I've saved enough $ such that living off the rental income would be easy (once invested), and in the meantime, I don't spend much $ so this wouldn't effect my finances much.Essentially I was wondering how this might affect my ability to get a loan?

Make sure if you buy a new toilet bowl that the depth is correct size for the wall of your bathroom and also that the toilet has a smooth coating on the inside of the bowl so that waste goes down easily and does not clog.A friend of mine that owns a 140 unit complex started putting in the cheapest bowls that did not have the smooth coating and the smaller opening and plumber and maintenance calls to unclog went through the roof.

Keep to your budget, and don't do what I did here: How NOT to Flip a House: An Embarrassing Story of Wasted Time, Money, and OpportunityFinally- be sure to set up some Keyword Alerts for "Seattle" so you can welcome new members who join from the area, find out about local deals/meetups, and stay informed on what's going on in your area!

The agents I know that work with investors know exactly what the investor wants so they don't waste their time and they do several deals with them every year.

If they don't pay you for a few months how will that effect your finances and what are the laws of getting that person out of your home and the time frame it takes.