If the agent waits for a higher offer then calls the investor it is a substantially different matter.

Once you discover your mistake, however, you have to act, it's just what you have to do when a problem tenant does get in, and from your posts, again, IMO, you've been slow off the blocks and missed opportunities to document and support a probable eviction.Good luck, but you're a landlord, not someone who can influence a change in someone else's mental makeup.

Once you accumulate a substantial net worth the question is not nothing down but one of liability.

You will need to do something that throws off free cash flows quickly and in substantial amounts - rehabbing and flipping is what I would recommend for that.

Property Characteristics: Gross Area: 3,381 Parking Type: Construction: WOOD Living Area: 2,949 Garage Area: Heat Type: FURNACE Tot Adj Area: Garage Capacity: Exterior wall: FRAME Above Grade: 2,949 Parking Spaces: Porch Type: OPEN SLAB Total Rooms: 14 Basement Area: 432 Patio Type: Bedrooms: 8 Finish Bsmnt Area: Pool: Bath(F/H): 5 / Basement Type: UNFINISHED Air Cond: Year Built / Eff: 1902 / 1924 Roof Type: Style: RANCH Fireplace: / Foundation: CONCRETE Quality: AVERAGE # of Stories: 1.00 Roof Material: COMPOSITION SHINGLE Condition: AVERAGE Other Improvements: Site Information: Zoning: BE Acres: 0.28 County Use: MULTI-UNITS(4-8) (1230) Flood Zone: X Lot Area: 12,068 State Use: Flood Panel: 0801031189F Lot Width/Depth: x Site Influence: Flood Panel Date: 12/19/2006 Res/Comm Units: 5 / Sewer Type: PUBLIC SERVICE Land Use: MULTI FAMILY 10 UNITS LESS Water Type: PUBLIC Tax Information: Total Value: $196,500 Assessed Year: 2010 Property Tax: $1,196.91 Land Value: $47,000 Improved %: 76% Tax Area: 2218 Improvement Value: $149,500 Tax Year: 2009 Tax Exemption: Total Taxable Value: Depending on what strategy I use to acquire the property will decide my exit strategy as far as financing.

Are they doing substantial improvements?

In your experience has this also helped you cut down substantially your maintenance costs?

Found about 8 properties that have a substantial profit spread.

It would be interesting to have a page where we could visually see member locations on a map as pushpins.It would give a quick view of BP's influence and saturation across the states/globe.Thoughts?

The local police force has cracked down severely on the area since then, crime rites have dropped substantially and due to the unique location of this area (Located directly between the CBD of Cincinnati and the UC campus and hospitals) there has been a rennaissance in the area.