I would also qualify it on no damages that exceed the security deposit.Hopefully you have detailed pictures before renting, and is a good reason for regular inspections to check that HVAC and other equipment is functioning properly, and allows inspection for damage from leaking roofs, etc., as well as tenant damage.

I remember someone telling me that if I wanted to get in that game to make all the numbers work on the Section 8 check. 

But keep in mind, as with most auctions you can't get inside to check the condition of the property you want to buy.

I was behind on being ready for retirement and was hoping the real estate, and having tenants sending me checks each month would help in generating cash flow and increasing net worth.

Hey Ryan, if you're considering between other states I would check out Cleveland, OH.It's a great opportunity for fix and flips and turnkey opportunities.

I had an Amish roofer remove the chimneys without first checking to see if they were vented (they were).

The majority of the list was wrong.It could be accurate with other types of lists, but I didn't bother to check.

Check out David Meyers book Start with Strategy as a more updated text.

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The personal check they wrote me upon move-in bounced (my mistake for not insisting on a cashier's check) and then they sent me a sneaky Venmo payment to cover it right before it was about to bounce with no explanation for the Venmo payment until I reached out to them.