There is a great thread on tenant screening here: http://www.biggerpockets.com/forums/52/topics/14637-how-do-you-screen-prospective-tenants- I learned to seek out BP members who have a lot of experience in areas that I want to learn.

I haven't seen many good deals (in fact some selling for way more than I expect) at court house sales so I have been straying away from that prospect.

You still have to properly screen your prospects and you can still enforce your lease/policies just as with any other tenant.

The world will be a much better place when we can see everything from a global prospective rather than the narrow national interest view point.

Many of you have probably seen a version of the "yellow letter" campaigns that are so popular with investors for getting a good response from prospects that they mail to.

In the tenants eyes, she just dealt with the very real prospect of her child dying in a fire.

If it has a great reputation and has prospects for continuing to increase its client base, it may have a premium over existing income.

I have a much easier time presenting ideas, and showing the +'s and -'s when sitting in front of the prospective client.

As a prospective seller, this goes right in the trash.

For instance, you may think today that you want to retire in, lets say Florida but by the time retirement comes, you decides on some other place.I would suggest that you get a solid income property with good appreciation prospect so by the time you retire, you can either sell it and live where you want to live (or can afford to live), or use the income to partially finance your retirement.