If a house is on the market between now and the end of the year, that seller is motivated.Some investors are sitting on the sidelines, not wanting to “catch a falling knife”…what a Northern California-based investor who owns 3 Phoenix-are long-term rentals told me last month.So, what’s the best strategy now?

We should catch up and grab some coffee!

Are their listings detailed with good quality photos?

Are their listings detailed with good quality photos?

Another $25,000 for renovation, and then market it with photos that look like a crime scene.

You will catch a lot of mistakes you are making on your own if you start to think this way.

They own the photos. 

Are their listings detailed with good quality photos?

The only catch is that I must live in the property for 1 year.I was trying to look for duplex/tri-plex's but good ones are hard to come around, and the ones that I am finding tend to be in bad/sketchy neighborhoods with low rents.

So the following breakdown: Day 7- Courtesy "you need to pay your rent" notice goes up (both posted on door and regular mailed) *records are kept of mail date/location and photo evidence of notice posting*Day 14- "14 Day notice to Pay or Quit" goes up (posted on door and mailed both certified and regular) *records are kept of mail date/location and photo evidence of notice posting*Day 28- Eviction officially is filed with attorneyBy this time we hope that the tenant has made an effort to pay but if they are unwilling or will not communicate with us, we have no further choice but to bring legal action against the tenant(s).