You didn't mention what year the home is but based on your description and that similar homes sell for $7k, I'm guessing it's a late 70s or early 80s.

So i guess it was a good deal and i will keep a good relationship with this manager.

I would guess most successful investor send out 500-2000 pieces of mail a month. 4.

Guess I'd call it Bill's Book Club or such.At least you might find some good reads without spending big bucks, I could do beginner, andvanced and full blown super investor, depending on what's there, but I'm sure it covers the spectrum pretty well.I'm not doing it to push any books, have no interest in any of them, but just thought it might act as a guide if you're interested.If you are, let me know by your reply and thoughts and we will see what we can put together

I guess I assumed that it would be okay to put up these signs like all the others.

I understand I need to do my own legwork, but I guess I just need some direction from a real life pro.

I'm guessing you are looking at a $3-5K replacement cost.

I guess I have concerns about those assets being subject to a lawsuit if one ever arises.

In thinking about the market I'm most familiar with, Atlanta, I can give you a basic numbers guess (numbers from about a year ago, things there have changed a lot).

My guess is the owner has this relative that is the tenant, and the tenant is a spendthrift or deadbeat; so the owner is hoping to be relieved of the problem house, and still have housing provided for the deadbeat relative (but this owner no longer wants to be the housing provider).