I have not personally invested in Rich Uncles, but have reviewed their prospectus and the details on their website.

Short Sale list price $147,000Offer Price: Cash offer $127,500 (made in Aug 2015)Action: Offer accepted by the seller and moved to the bank for review (Aug / Sept 2015)Most recent update from Chase: (email from bank official regarding the deal ) valuation was completed the end of last week.

Thumbs up for your "review"!

@Steven Booty Since you're considering investing in a multi family, I would make sure you have reviewed and prepared your lease for potential tenants in the future. 

I have found this to be helpful to future landlords when reviewing applications. 

I'm currently reviewing all the books I had from my classes, but want to know if there is something better to prepare.

We have done a lot of research and found tons of properties in Pottstown, Norristown and Reading, but have heard some troubling reviews of these areas regarding: tenants, taxes and political issues.

I doubt she reviewed my offer, however, perhaps they had a power of attorney.

David, I always use an Escrow Company, I just wasn't sure if they (WestStar or Security) had lawyers to review and help write up the docs.Thomas, I'd love to talk more and see what you have.

I don’t want to be bothered with a $5 toilet leak, but I do want to be bothered about a $300 water heater or a $2,000 furnace replacement.I review every statement and every expense/income that I receive.