Anyway, I got too busy with my job and kids the following week and when I finally evaluated the product and realized it as absolute crap, I was 8 days too late to cancel.I called the Rich Dad Education company to complain about Greg's lies/false promises as well as the poor quality of materials. 

He had a contract he wanted signed but of course this was completely crap for us and gave him all the rights. 

Most PM's don't want to manage in the hood.. you get what you pay for in that environment.the low end stuff in my mind is only appropriate for the locals.. and I have funded a ton of that over the years but only to those that live there and work it every day I will NOT fund one of those type of homes to any one who does not live there and understand it.. good job, keep up helping people, buying rentals should not be a crap shoot like its been in the past.

Location will be critical.Older shopping centers or strip centers in great locations are being refaced and the parking lots redone to make them pop again.National tenants have a rep to uphold and have to get a certain look and feel for their image going in versus a mom and pop just looking at cost per sq ft more in a good location.If your strip is in a non premium location or where a part of the town is getting older and newer development is moving away you will be more in trouble as your cost per sq ft will go down and your tenant clientele will change.During the boom times retailers grew everywhere and new development was expanding.Now retailers see this is an excellent time to negotiate existing leases or sign new leases to get great terms before the next up cycle.Now national retailers are in a "smart and controlled growth" mode.They do not want to go somewhere just because it is 4 per sq ft less.Ultimately if they pay more but get a more central and profitable location that is key to their success.Many companies that branched out into different growth strategies have reeled back to their core values and strategies.Retail is getting the crap kicked out of it right now and is expected to continue through 2012.A lot of it depends on how much the local market is saturated.For instance clothing stores even with the closures have too many in the marketplace now unless they are filling an untapped niche."

This guy is so full of crap even a lightweight like me can see through him.

They even produce a welcome letter or denial letter with all the legal crap written in if you deny an applicant.  

You have to learn to not put up with other people's crap in real estate investing or you will get chewed up and spit out!

Some will do loans now but want reserves.I can see areas for houses that were never meant to go up and are crap hole areas to crater pretty hard in about 3 to 6 months.

Some collateral files were really good and some were crap.

Your needs depends on size of your business, I've managed properties with ACH auto pays it get's crapped up if tenant has low funds and gets a NSF it causes problems,, If the ACH isn't stopped when they move it's a mess,, granted corporate never makes mistakes in canceling the ACH..