Also, if you haven't hired a lawyer yet, or you work with numerous lawyers, when you come to them once the offer is accepted and they see that you or your broker already provided a form contract... you'll see there reaction :) it will also cost you more in legal fees for a lawyer to review and fix it than it would to start fresh using their form contract they are comfortable with.

When we listed our house there were numerous homes available, now it seems inventory has thinned out.

You should however tighten up your lease in the future, as you have already seen there are numerous holes that need to be eliminated.

I know there are many BPers who don't like to invest in this area, but I am happy with the performance despite the borough red tape.I found 4 row homes (same block, same layout) in the same town (a few blocks north of the 'war zone'), they were purchased super cheap by the current owner and renovated around 3 yrs ago, 3 of the 4 currently have tenants @1200/mo.  

It is not the best neighborhood in the city but it's not a complete war zone either.

Price it aggressively the first time, and you might even go over the market value if you get people into a bidding war!  

Awards- I received numerous awards during my career I Law enforcement career.Some of the awards were the Distinguished Service Award along with numerous Unit Citations.Now I don’t measure my success by my awards.These awards just happen when I do my job and contribute 110% at all times.Professional Credentials- Licensed Realtor, Licensed Police Officer, Licensed Correctional Officer, Licensed Firearm Instructor, Licensed Corrections and Police Academy Instructor.Area of expertise- Residential sales and listings in Central Florida and Lake County.Education- South Western High School, Police Academy, Corrections AcademyPersonal Background:I grew up in the Pennsylvania country.I loved to fish, hunt, swim, competitive shooting and the beach.Since the beach was 5 hours away I chose to move to Florida after I graduated high school.Before moving I was working construction and loved it.My, at that time, soon to be wife and I then moved to Winter Garden, Florida.

They are lower income and will have what usually comes with that, but not war zones.

This website has helped me and numerous others to our success in this business.

When the next downward cycle hits, what are the:     1) Key drivers (economy, interest rates, war, local economy change, lending changes)      2) Impacts (price drop, days on market, both, no funding, acquisition costs)      3) Strategies (a. buy, fix and hold; b. buy/sit; c. do nothing; d. buy/wholesale)We are in a long 7 year real estate boom and this can't continue forever.