The first is that the area I live in is floating in real estate that relatively inexpensive.

Most of my cycles are the first of the month contracts, so usually, there is at least a week before tenant gets in. I

About 9 months in I would start to have a discussion on where she is at about paying month 13 - meaning - I would start to plan early just in case.I agree with Niman I would require a full security / first / last etc...whatever your local law allows you to collect - I would go for max just in case.

The area I was looking in is mostly bank owned stuff and was going pretty cheap but everything needs to be rehabbed.

I knew someday I would want to run my own company, but did not know what industry I wanted to go in. I

Is this where the risk comes in? Is

Take time to learn this business before jumping in. I

LOL , I am not sure what room it was in. I

kudos, to everyone that chimed in!i

Move in is Oct 1.