Hi all,I currently use RentRedi and am trying to deal with the following situation:- I have a bunch of prequalifications and applications in my queue- I've accepted one tenant and filled the unitMy question is, "How should I mark the others down in the software that would have passed my screening standards?"

With on market deals like this, there are two scenarios: 1) you see something that no one else sees OR 2) everyone else sees something you don't

@Jay Hinrichs what do you think - will those old buildings be able to recover with new owners that can better afford the HOA fees? 

If a closet is a necessity for it to be a bedroom , then I own 2 houses with no bedrooms .  

It takes a team to make the dream work. 

Companies are unlikely to consider cities with high crime or cities with high operating costs.You will need multiple properties to replace your current income.

I've learned a lot over my time investing in small towns and have found some great opportunities but just like any other niche market you better learn what you're dealing with or you'll get burnt.

You want to buy real estate with no savings, which even if you can scrape together a 10-20% down payment, means you will have no cushion to fall back on when the inevitable surprise expense happens. 

Quote from @Tio Sam: Quote from @Zachary Deal: I agree, I would drive some properties that have sold as flip.

💰🏡Are you preparing to rent your property?