The banks have been doing a steady release of these REOs in an effort to maintain some form of price stability, yet the median price is still falling.

In addition, seller financing is a great way to create a hassle-free income stream from real estate without having to own, insure, and maintain property or manage tenants.

I was wondering how some of you handle this, whether or not you feel that you need to maintain a physical office and how you work around it.Thanks for your help. mrsjava

Sun, Ryan and anyone else,How do you maintain these properties ?

Unless the tenants are living in high-end apartments in a fairly large building, I think any type of internet service (fee based or not) will be challenging to profitably maintain for a long period of time.If we, as landlords, offer internet service, we have essentially become value added resellers of the utility provider (i.e. your ISP or carrier).

( I think Steven Hamilton agrees with this) --I heard if house on "fire" then, insurance will pay who is on the title.There are a couple of different solutions to this, the one I prefer is to maintain the policy in the previous owners name (but never make a claim since the would be fraud) for the purpose of not alerting the lender of the change of title.

The lower-end neighborhoods are better suited for the FT investor, or a couple of partners, who purchase a slew of them dirt cheap, have their own $10-15/hr labor to rehab and maintain them, manage the tenants themselves or with an employee under their direct supervision, and have the right personality for it.

I like to brand myself so maintaining my own website is critical but using rei tools that integrate well with my site is quite useful.

My thoughts are, run the numbers to find out the range that you can offer to maintain that 'everybody wins' motto.

I am a 34 year old Air Force veteran (2W0) and am currently residing in upstate NY near FT Drum.My REI goals are: short-term -> Learn as much as possible and close on first deal by the end of the year mid-term -> $10k/mo positive cash flow within 10 years long-term -> Maintain a sustainable growth investment portfolioMy preferred strategy is SFR/MFR Buy and Hold.I look forward to learning more from each of you as time goes on and hopefully will be able to glean enough to start successfully investing in the near future.