Things to consider are vacancy and credit loss in addition to greater wear and tear in lower income areas that can eat into your profits very quickly.

.), they would all say that investing out of state (or out of the country) is the best thing they could have done.My advise is to never put all eggs in one basket, and never to leverage too much or at all if possible.

Some non-technical sales type books would be Dale Carnegie's "How to win friends and influence people", Keith Ferrazzi "Never eat alone" and finally anything by Stephen Covey.2.

There was a reason you did that then, so you don't make poor decisions when the mortgage is eating a hole in your wallet.

and I know I need to have a bullet proof contract if not they will eat me alive!

Tom Corley, on his website RichHabitsInstitute.com, outlines a few of the differences between the habits of the rich and the poor.1. 70% of wealthy eat less than 300 junk food calories per day. 97% of poor people eat more than 300 junk food calories per day. 23% of wealthy gamble. 52% of poor people gamble. 2. 80% of wealthy are focused on accomplishing some single goal.

The broker/agent will want every time to try to get the juicy steak first.The point is that the brokers/agents return and give constant deals to the clients that treat them right and not the ones trying to feed them crumbs while they eat the steak.

If you try to sell it, commissions and holding costs will eat what little profit you do have in the current equity.

You can't have your cake and eat it too.

Unknowns can eat profits very quickly, even when you know what to look for.