The key to cash is you need more than you expect when you own a property (running costs, etc).

They had several small properties down in the keys that were on the water.

The primary driver for someone to want to get out of a house is job change, divorce or financial disaster.

But persistance is the best key when it comes to being a private investor that wants rental properties or any type of investing for that matter.........

Bleroux,Start your screening by looking at their driver's license.

The key here is that B’s property was a mobile home which was not legal affixed to the property (it was taxed like a car and had a title) … so after A had the same disclosures and I begged him not to buy “subject to” the closing was completed… SO… I scared the hell out of both parties, and caused the guru a lot of discomfort, and it took four hours for these transactions.

Either way, the key to doing a double closing is the title agent/company, so make sure whoever you are using is open to a double closing.

Yes I know but what's done is done and I need help with what is now.I did not receive rent for Oct (this month) with promises to do so.They moved out, didn't return my keys, disabled smoke detectors and took light bulbs.

As an EE you will like RE investing as the key is the numbers.When you say multi-family are you talking about a duplex up to a 4 plex or are you talking about commercial apartment buildings (5 units or more)?

It really helps to understand a person if they go into some of the key events in their past.John Corey