I have been a member of and a regular reader of the website for a few months now, and it is my main place I turn to, to gain knowledge and learn about the Real Estate business as a whole.

Sometimes older folks don't regularly raise the rents.

So I have learned some of the above tricks- get some credit lines open, use them (but not over 30% of the limit) and pay regularly.

I also have 3 other buildings with a total of 8 units (all older and in need of regular maintenance).

I was only considering it because I have been in regular contact with the tenants lawyer, who is actually from a good firm (I assume working pro-bono or state funded).

.$1 is probably not going to fly much but I have heard many people like Justin that have said they can get people to regularly agree to $10.$500-1,000 is pretty standard with a bank, and on a retail MLS situation the agent will (rightfully so) try to get that same kind of EMD for their client.If a seller balks at a $10 EMD then you have to decide if the deal is good enough, as in safe enough, that you want to put "real" money on the table.

I don't regularly wholesale but my understanding is that you can use the standard forms and just put the assignable language in it with the buyer name and info.For a double close you should not even need to alter anything.That being said I think that many people will have their own contracts with them written the way they want to have a little more CYA stuff in their.

I have joined a REIA (Lifestyles) not at a the super charge level, just basic.I have read pretty regularly on these boards.

The reason that I ask is that I have heard stories of people monitoring Craigslist and then breaking into properties that they think might be vacant.Any concern about this?

Yes I regularly foreclose on tax lien properties and sell for both large and small amounts.