Make sure you understand the market, demand drivers, and the potential re-use of the site in the event that your NNN tenant goes dark or does not renew their lease at the end of the term.3.

Often times the investor overpays for a property and then gets mad and blames the PM when they have to do eviction on a tenant(they can't screen them well enough) or they have to get repairs done (the property was perfect when I bought it) etc.So if you purchase correctly then it's all about EXPECTATIONS upfront outlined and defined.The investor says they want A-Z for 7% and the property manager says no way I want 10% to do all that.What rate is this company saying they will manage for anyways??

Funny that I just watched American Gangster and the head of the family was the driver and errand boy for the previous head for a 15 year period. 

That is to your benefit and keeps you in the driver seat.  

Your agent might be mad at you, but better than not showing up for closing at all.I know this is a lot of information, and I hope I covered everything, but hopefully some of you will find it helpful.

What you don't want is for them to get mad at you and cause damages, and/or refuse to leave, not pay rent and force you into a costly and time consuming eviction process.

You do not want a cheap house in a bad area but instead want an underpriced property in an average to good area if you can get it.I know low price house buyers that buy in areas like this will get mad at me but this is exactly why I do not like these properties.

Thus, investing in the five boroughs is out for me.As an aside, on one of my property research expeditions in the Bronx, I remember as I was getting off the bus the bus driver stopped me.

I would have two concerns. 1) tenant doing work on unit is a liability ie screw driver slips and cuts their hand and they are out of work for a few days. 2) There will be a period of time when you don't have a key to your property.

Some things I've caught that are lies: - Owner information that's not the owner (just like you - this is the #1 thing) - Addresses that are not where they live or lived - Incorrect birth date - Incorrect driver's license number - Stating they've never had an eviction filed and see that they have had multiple evictions Remember that show "House"?