Check ALL of the recorded documents attached to your parcel.

Even if you lose, the fact that you filed suit is now public record for anybody who cares to check public records for this.

In some states it's a huge plus because you have MLS, tax records, etc at your finger tips.

What I wanted to know is when you see these large skyscrapers and large buildings being built around your city/town, is this what usually happens, a couple groups of organizations get together and buy a large piece of property.

The only thing I'm not seeing you account for is Capex - maybe that's because you fixed them up, but you should still budget a minimum 5% of gross income annually for that.You seem well organized.

Glad you enjoyed it @Brian GibbonsJust today I had a person ask me for advice on how to record or take title to a property that is exactly in the area I invest in.

Before we partnered with a Realtor, these are the sites we were (and still are) using:http://www.hcad.org/records/Real.asp?

You have to tell the seller UNLESS I can perform very detailed due diligence on this property and see ALL units I have to plan for the worst and you will lose equity for what I can pay because I can't validate things.The better records and validation the better my offer can be.

Most franchisors and banks will not let you maintain the flag (brand) or finance the deal if you do not have a proven track record or a management company in place.

Because we had to have that & the exact recorded install date to get the warranty honored.