Instead, they can foreclose next year and sell into a better market, and they are starting off $4 million better than they were. 

I would like to start off by saying thank you all for providing such a wealth of knowledge on this site and via the podcast.

Look at other rentals in the area and see not only how they are advertising or promoting online but also the inside and outside of the rental so you can create a similar environment to try to replicate the same results.

There are also facebook groups for various cities/states/communities where you can place and promote your listing.Happy to help answer any other specific questions!

If not, I’ll write it off as a loss.

I'm working on purchasing a property. An original purchase loan was taken in 1998, which was refinanced in 2004, and then again in 2005. The title company cannot find a release for the loan from 1998 and says they nee...

A suggestion about Furnished Finders, their calendar sucks because you can't block off your high-season months, a real detriment to taking bookings through them.

from what I understand you're not supposed to advertise any deals or promote yourself.There are definitely good to great deals though.

So if you want to live off the grid in the middle of the desert and have a parachute to get there, not a bad deal in some cases.   

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.