I don't get to the Metro Center as often as I used to, I get bored with the same old workout routines!

All that needs to happen is such a manager takes some tenant to court for a routine eviction and have the judge probe into thier ability to bring the action for everthing to come unglued.

At the auction, homes routinely go for 75% of market price or below.

If they routinely trade at $45K per unit then you’re probably buying a ton of built-in equity.

I'm sure you can get aesthetically pleasing replacements.Also, we live in a town where older homes are routinely razed.  

If you are uncomfortable with assigning the contract you can always double close.  

You maintenance projections are a little low because while the routine stuff is basic when you have to replace the furnace, the roof, it is going to raise your overall cost up a bit.  

Basically put yourself in their shoes, they were uncomfortable, would you have expected it to be warm, did you get them an alternative source for heat.. and try and accommodate the situation and keep them informed of work progress.I doubt a concession for this would break you and if the tenants complained about this they had every right.

Hello BP, for the area to growth there must be some future projects going on and current infrastructure that are hard to duplicate, but it is wise to purchase an apartment near to schools, malls, places of worship & etc because of the traffic, noise pollution and extreme density that may actually increase the tenant turnover as it is uncomfortable to live in such location?

I appreciate any insight or advice.In most people's cases starting out with no cash is going to make it near-impossible to invest, however, being a realtor puts you in a special position to be able to find deals for other investors, and part of your routine realtor's day can be combing the MLS for its hidden gems.