do u mind me asking how long it took you to get going from starting out to regularly bringing in cash with this method?

Wilmington and Dover have Animal Control Officers who you would report this to.If you have not already done so, send two letters ... one regular mail, one certified return receipt to the HOA.

Its a wash.

Unfortunately, bad things do happen with regularity in the rental property business.

I still haven't closed on my first deal, but I am now making offers and getting out there every weekend, researching during the week after my regular job.And that is my 2 cents worth on Rich Dad Mentoring.

Fortunately, the newbie landlords have been washed out of the market in large numbers and those people that got gimmick loans are rapidly becoming renters again.

There were a lot of California investors in my area during the past few years, but my impression is that they've been mostly washed out of the market at this point.What am I suppost to do?

Well my friend did the deal with a regular bank.

I am not sure if anyone is familiar with tax laws here but will I just pay tax on that $50k as if it was regular income?

You just have to monitor them on a regular basis.