I've never required the assistance of a Community Association Property Management company.

Costs associated with a vacancy only show up when you actually have a vacancy.

All things are relative with regards to any lease that is the so called "net" format vs those that are "gross" or "modified gross".The term net lease has been chopped up over the years to include "net - N", "double net - NN", or "triple net - NNN".N - generally refers to the actual property operational maintenance costs.NN - generally refers to the property maintenance and limited other costs, i.e. adding in insurance or RE taxes or some other limited set of items.NNN - generally refers to all associated property operational costs.For clarification a "net lease" means that the tenant is fully responsible for some or all of the property's operational items; On the other end of the spectrum is the "gross lease" which means that the owner is fully responsible for the operational items; "a modified gross lease" is a combination of the two and usually includes an expense stop for the tenant.Expense stop means the owner is responsible for all costs up to that point, i.e $3.75 per sf per year, and the tenant is responsible for the pro rata difference over that amount.

Tenant says OK and is heading out the door. 2 hours later (the house is 3 miles away) tenant shows up, hands the cash over, it's $250 short.You said you had it all.

There are quite a few good courses out their that I have bought under the real estate investing heading

it seems like we are headed no where fast!!

Getting started is the hardest part... but also the one thing that you can do to start heading towards success.

The credibility part has been just beaten to death in my head here.So, like I said, I am seeing what it took for some of you to get started.Thanks, Shawn

Is there a good website that can give me a heads up on what I'll be dealing with?

When you have a picture in your head it will be much easier to notice the pieces of your puzzle when they come along.