It could, in fact, have the opposite effect.

Don't waste your time, ugh.

Or is it a waste to tie up that kind of cash?

It has further reaching effects than just land use and taxes.

If i were a landlord, i wouldnt waste any time pressing charges against the person who actually did the damage.I do not believe throwing her out on the streets is going to solve the problem.

As I was charging people to apply I figured I did not want to waste their money if they knew they would fail.

Mike, yes, if your referring to REOs through MLS, that is a waste from an investor standpoint, if he is attempting to make profit from flipping.

It will have to be fixed, as it could burst, never mind all the wasted water constantly leaking.My question is - since I'm buying this house as a long term rental investment, and there is a tenant already in there, at what point do I walk away?

oh, and I'd like to avoid risking my own capital.You want to make fast cash, take no risk with your capital and otherwise not waste time.Sounds like most new investors who will move on to something else when they realize that RE does not work that way.

Even when other sites are not similar in intent they tend to create perceptions as to what makes a site useable or effective.