If it appreciates pull it out.This is a cash cow that will keep giving as long as you are prepared to take.

You just need to prepare the document (correctly) and then take it to your county clerk and recorder.

That knowledge and equity will prepare you, its often that first step that is never taken that keeps people where they are, so I agree with Manolo.

Given that the people on your direct mailing list have possibly received similar mailings from other interested parties, calling can make all the difference.Cold calling takes very little training, a go to script, a whole lot pf preparation and a lot of patience.

Once he gives you a written price range for the work, just be prepared like any seller would need to be, to make it right, by either 1) making the repairs necessary, or 2) paying for the repairs to be done by the buyer (like offering a credit at closing for the amount quoted, or putting the money in escrow, etc)...does that help any?

"It will depend on your dti ratio.The main factor will be whether the bank will finance a non-primary residence (ie an investment property) for you on top of your primary.Be prepared for 25% down and a higher interest rate.

It's worth it to me to pay the extra preparation and filing costs if there is. 

Now is the best time for you to prepare yourself to be a investor by sitting down and learning all your provincial landlord tenant regulations.

Whatever area you choose to have a rental properties just be more prepares with all the great advice you are given in this forum.Being a landlord in poor areas is more of a job than investing and some landlords manage it well because they live in those areas and understand it.

Purchased the SFR property in late December, while preparing to do rehab this month had several people call interested in the property "as is" to do the work themselves.