Avg amount of doors managed 100I have two fav's  one is kicking folks out who deserve it and renting to folks who are good people and just need a break.We own singles, and 4 units and are down to are last 6.Be ready for long hrs and have a tough heart or you will be burned more often then not.Setting on a 45ft catamaran in the BVITo sell the management to someone else I would say my worst would be walking in to a apart that we just took over from another group were the small children were sleep in dog (@@#$^^SH) and there were maggots in the sink. 

If the house is price right it should sell in a heart beat.If those really are your numbers you might just want to sell your house and buy in an area that makes sense.

John, I am not too familiar with the official definition of war zones, I have always assumed an area is a war zone if:(1) As I drive through it, all the passengers in the car have a sudden desire to lock their doors...(2) You wish you have a weapon with you, if not, one of those "club wheel locks" you had back in the 80s might help a little...the female passengers finger through their purse to check for their mace or pepper spray.(3) You pray your car doesn't break down, you would never stop to fill your gas tank even if your dash says your gas tank is empty.(4) You check how many bars your cell phone has, you pre-dialed "911" just stop short of pressing "CALL".If some of the above are true I call it a war zone.

. : )We saw this in the heart of Atlanta, Georgia in Fulton.

In many places the market is recovering quite well and property values are on a steady rise which means that as time goes on, the asking price should go up.On the other side of the coin is the cost of holding which includes utilities, taxes, insurance and mortgage interest... all which eat into the profit margin.If you want a quicker time frame, then I would sit down and have a heart to heart with the contractor and see what you can work out.

100% whole-heartedly agree with Joel Owens.

I am a project manager by trade and investor by heart.

The reason this matters is because (buyer rebates) are not legal in all states.So the broker/agent might actually be telling the truth to you depending on the state.The other item you are not thinking of is whether the listing rep is a head broker or just an associate broker or agent.If they are not the head broker then they have a split agreement with the head broker and do not receive that big commission as you state.The head broker even if the state allows rebates might have in their independant contractor agreement agents sign that they are not allowed to do rebates.Another fallacy is you think an REO broker gets 6% if they make both sides.This is not true.Most asset management companies and banks that assign REO listings to sell pay out 5% and make the listing broker stick 3% on the buyer agent side and 2% on the listing side.They also hit the listing agent with computer platform fees and maintaining BS designations that can run hundreds to almost 1,000 dollars a year for one company.All of that is taken out before even a broker split.So you are definitely misguided in your belief.The hard fact is that because the REO brokers list for so little price and the commission percent is low they need to double end to make coin.They won't say this publicly but it is true.This is why REO brokers have buyers list they notify when they have a property in pre-list that hasn't hit the market.Heck I am a head broker and I tell them they can have ALL the commission because I want the deal.So I think you are going about this all wrong and you will lose out on a lot of deals with your thought process.I hope you take what I say to heart as it will help you land more deals.Good Luck

On a quiet street, a 10 minute walk to a major metro line and a 20 minute walk to the heart of the city and one of the most popular restaurant/night scene neighborhoods.Up for Sale: Bank foreclosure condoThis is a "junior" 1-bed, ground floor condo with 1 parking space and a back and front entrance.

If you have good credit, I would put that on a credit card in a heart beat, that is, if that can be paid with a credit card.