The day you record, knock on the door and see if you can work out a cash for keys deal.

Sure if all your deals work out your probably won’t get sued, but the moment a deal goes sideways, you can always control that, but your going to get sued and then it’s game over.

If they seem to be taking good care of the property, pay on time, and are close to market rate then I would keep them on a month-to-month basis and see how they work out.

The best salespeople don't "sell" anything - you just have a conversation with people and it always seems to work out better.

Retail for sure is a less intensive asset to manage than the multifamily sector.

I have been using the BP calculators to analyze, but if the calculators show the numbers work out what further means do others use to vet a property and make sure you have the right numbers?

In this business, it's a game of numbers, so if one auction doesn't work out, so what, I go to the next one.I gone to court house step auctions, on site auctions, public auctions at a hall where hundreds are sold.

Along with being more management intensive and might not appreciate as much as a B class area.

You are going into a business relationship with someone that does not have a strong financial history and may even be judgement proof; if things don't work out on a month to month lease, in Ohio all you have to do is give a 30 day non-renewal notice.

For the last 6 weeks or so I've been studying RE investing intensely and trying to settle on my medium term strategy.