A bad manager can allow problem tenants in and cause the good ones to leave the park.

Make sure you have a percentage (usually 20%) set aside from your rent for overhead like when the condo isn't rented after a tenant leaves (unrented days), repairs, HOA dues, utilities you pay, condo assessments, etc.

It is a little on the vague side as far as leaving out calculations for NOI, ROI, etc, but it does tell you all you need to know from a broad perspective.

They are also willing to carry a note maybe enough for the down payment and a bit of fix up money but only short term.My credit situation kind of stinks I’ve always paid cash for everything and I have only limited credit and two outstanding bills leave me with a 604 credit score, not good.

I am interested in buying multi units for cheap that are already rented with PPty Mgmnt in place, and no work needed.I am willing to buy out of state, and if I do buy cheap, I am willing to do the deal without leaving my state.

Anyway over the new few months I will be selling the house, leaving my IT job, and moving upstate to try and make somthing out of real estate investing.

We leave all of that to the developers.

We must agree to disagree...so I'll leave it like that...Peace!

Buy a late model used car with maybe half of the 10k down and finance the rest into the newer car, this leaves you upside down on the newer car, but it may be a better situation than the current one.

and if the court system is the way to go, why if its your property why cant you just call the cops and make them leave.