In other words, a classic cargo van.I read this to say a regular 7 passenger SUV no longer qualifies for 25k bonus depreciation.Are there 9 passenger SUV's?

Whew, sorry to hear how this all turned out but glad you got the lunatics out (all three tenants) out.Don't get discouraged, just think of it as part of your education and read up, read forums like this on a regular basis, keep notes and learn from your mistakes and others mistakes.One of the single most important things you can do is screen very well, chances are this could have prevented the problems you had in this thread, can never be 100% sure but strict screening and a following a good process can reduce the chances of getting insane tenants like the ones mentioned in this thread.Hopefully you got a judgement on the people that own money, it may be hard some times but you can get paid back if they are collectable.

I’m not aware that we notify 1sts on a regular basis. 2).

Is it safe to assume that every wholesales list their properties or send email listings to their buyers on a regular basis?

On a fairly regular basis I will get a call from someone who needs to rent or they want to buy with owner-financing.

So getting a broker to "hire" you is not like a regular job interview.

I have been a member of and a regular reader of the website for a few months now, and it is my main place I turn to, to gain knowledge and learn about the Real Estate business as a whole.

Sometimes older folks don't regularly raise the rents.

All three credit bureaus require it, as a result of the FTC requiring them to implement tighter controls to cut back on identity theft.I would recommend doing the on-site inspection so you get the actual detailed credit information on the applicant.

So I have learned some of the above tricks- get some credit lines open, use them (but not over 30% of the limit) and pay regularly.