Another thing you need to factor in the out of state investments is the extra cost of flying down every now and then to check on your properties.

What are the most important factors when deciding who to select as your tenant.

As I am certain you know, there are many factors involved and I would have to believe that a market strategy would be relative to the particular place in the market where the home fits.

My goal is that the seller gets 97% of appraisal, not the customary 87 - 92% of appraisal, after factoring in agents fees, closing costs, sellers concessions and possible price reductions.4.

My first thought was that I would have to paint it a neutral color (probably white), and I made my offer with the cost of painting factored in.

I did contact the courthouse directly this morning and ask if theres some sort of list or datrabase of eviction trials but they were unhelpful.

2 important factors for a good rental property location is being close to public transportation and shopping.

It doesn't surprise one bit that turnkey sellers list bogus ROI's that don't factor in minor things like vacancy (high in memphis) and maintenance expenses!

It becomes fun to get up in the morning to look for that next deal.

Based on those numbers, this looks like a good deal:price$129,000 down25%down$32,250 loan$96,750 rate5.25%term30 years payment$534.26 rent$2,300 NOI$1,150 cash flow$615.74 per monthcash flow$7,388.92 per yearcash on cash23%But there are some other factors in playFirst, what work is needed?